Shares of Tower Resources Ltd. (CVE:TWR – Get Free Report) were up 7.7% during mid-day trading on Friday . The company traded as high as C$0.21 and last traded at C$0.21. Approximately 71,500 shares were traded during trading, a decline of 16% from the average daily volume of 84,797 shares. The stock had previously closed at C$0.20.
Tower Resources Price Performance
The company has a market capitalization of C$33.84 million, a price-to-earnings ratio of -280.00 and a beta of -0.31. The business has a fifty day moving average price of C$0.21 and a 200 day moving average price of C$0.17.
About Tower Resources
Tower Resources Ltd. engages in the acquisition, evaluation, and exploration of mineral properties in Canada. The company primarily explores for gold, silver, and copper deposits. Its properties include the Rabbit North project that comprises 34 mineral tenures covering an area of 16,400 hectares located in the Kamloops mining division of British Columbia; the Nechako gold project, which includes 10 mineral tenures totaling 2,975 hectares situated in the Nechako Plateau Region of central British Columbia; and the More Creek project that consists of 5 mineral tenures totaling 6,430 hectares located in the Golden Triangle District of northwest British Columbia.
Featured Articles
- Five stocks we like better than Tower Resources
- Earnings Per Share Calculator: How to Calculate EPS
- These 3 Banks Are Rallying Into Year-End, But Will It Continue?
- What is Insider Trading? What You Can Learn from Insider Trading
- 3 Surging Stocks Just Got the Ultimate Stamp of Approval From the S&P 500
- The Role Economic Reports Play in a Successful Investment Strategy
- This ETF Caught a Major Tailwind After the Fed’s Rate Cut
Receive News & Ratings for Tower Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tower Resources and related companies with MarketBeat.com's FREE daily email newsletter.
