Shares of Tower Resources plc (LON:TRP – Get Free Report) rose 27.3% during mid-day trading on Monday . The stock traded as high as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). Approximately 268,226,719 shares traded hands during mid-day trading, an increase of 7% from the average daily volume of 250,872,266 shares. The stock had previously closed at GBX 0.01 ($0.00).
Tower Resources Price Performance
The stock has a market capitalization of £2.25 million, a price-to-earnings ratio of -2.65 and a beta of 1.06. The business’s 50-day moving average is GBX 0.01 and its two-hundred day moving average is GBX 0.02. The company has a quick ratio of 0.06, a current ratio of 0.51 and a debt-to-equity ratio of 0.12.
Tower Resources Company Profile
Tower Resources Plc engages in the oil and gas exploration activities in Africa. The company holds a 100% interest in the Thali production sharing contract that covers an area of 119.2 square kilometers located in the Rio del Rey basin, offshore Cameroon; and a 50% interest in the Algoa-Gamtoos license that covers an area of 9,369 square kilometers located in the offshore South Africa.
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