Tower Resources plc (LON:TRP – Get Free Report)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00), with a volume of 404149140 shares. The stock had previously closed at GBX 0.02 ($0.00).
Tower Resources Price Performance
The company has a fifty day simple moving average of GBX 0.02 and a two-hundred day simple moving average of GBX 0.02. The stock has a market capitalization of £2.66 million, a price-to-earnings ratio of -2.65 and a beta of 1.06. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.06 and a current ratio of 0.51.
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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