Tower Resources plc (LON:TRP – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 0.07 ($0.00) and last traded at GBX 0.03 ($0.00), with a volume of 416522969 shares trading hands. The stock had previously closed at GBX 0.03 ($0.00).
Tower Resources Stock Performance
The stock has a market cap of £4.67 million, a price-to-earnings ratio of -2.65 and a beta of 1.12. The company has a quick ratio of 0.06, a current ratio of 0.21 and a debt-to-equity ratio of 0.07. The company has a 50 day simple moving average of GBX 0.03 and a 200 day simple moving average of GBX 0.02.
About Tower Resources
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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