Tower Resources Ltd. (CVE:TWR – Get Free Report) shares shot up 10.5% on Thursday . The company traded as high as C$0.11 and last traded at C$0.11. 77,500 shares traded hands during trading, a decline of 15% from the average session volume of 90,901 shares. The stock had previously closed at C$0.10.
Tower Resources Trading Up 10.5 %
The business’s 50 day moving average price is C$0.09 and its two-hundred day moving average price is C$0.10. The stock has a market cap of C$16.36 million, a P/E ratio of -280.00 and a beta of 0.58.
Tower Resources Company Profile
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.
Further Reading
- Five stocks we like better than Tower Resources
- High Dividend REITs: Are They an Ideal Way to Diversify?
- Why Meta’s Pre-Earnings Dip Could Be A Golden Entry Opportunity
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- Spirit Airlines Stock Nearly Doubled: Are Clear Skies Ahead?
- Overbought Stocks Explained: Should You Trade Them?
- Tesla Stock: Buy the Dips, Sell the Rips
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.
