Tower Resources Ltd. (CVE:TWR) Director Purchases C$12,000.00 in Stock

Tower Resources Ltd. (CVE:TWR) Director Stuart Allan Averill acquired 100,000 shares of the business’s stock in a transaction on Wednesday, March 5th. The shares were bought at an average cost of C$0.12 per share, with a total value of C$12,000.00.

Tower Resources Price Performance

Tower Resources stock opened at C$0.12 on Friday. The stock has a 50-day simple moving average of C$0.14 and a 200 day simple moving average of C$0.12. Tower Resources Ltd. has a 12-month low of C$0.07 and a 12-month high of C$0.17. The stock has a market capitalization of C$18.70 million, a price-to-earnings 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.