Tower Resources Ltd. (CVE:TWR – Get Free Report)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as C$0.17 and last traded at C$0.16, with a volume of 15000 shares trading hands. The stock had previously closed at C$0.16.
Tower Resources Stock Down 9.4 %
The company’s fifty day simple moving average is C$0.13 and its 200 day simple moving average is C$0.11. The stock has a market capitalization of C$22.59 million, a price-to-earnings ratio of -280.00 and a beta of 0.58.
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.
See Also
- Five stocks we like better than Tower Resources
- What is the Dogs of the Dow Strategy? Overview and Examples
- IBM’s AI Bet Pays Off—What’s Next for Investors?
- The How and Why of Investing in Gold Stocks
- 3 Reasons to Treat AMD’s Drop as an Entry Opportunity
- What to Know About Investing in Penny Stocks
- Qualcomm’s Post-Earnings Dip: A Prime Buying Opportunity?
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.
