Tower Resources (LON:TRP) Trading Up 27.3%

Tower Resources plc (LON:TRPGet Free Report) rose 27.3% 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 were traded during 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 Stock Performance

The stock has a market capitalization of £2.25 million, a PE ratio of -2.65 and a beta of 1.06. The company has a current ratio of 0.51, a quick ratio of 0.06 and a debt-to-equity ratio of 0.12. The stock has a 50 day moving average price of GBX 0.01 and a 200-day moving average price of GBX 0.02.

About Tower Resources

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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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