Brian Tingle Acquires 200,000 Shares of Tower Resources Ltd. (CVE:TWR) Stock

Tower Resources Ltd. (CVE:TWR) insider Brian Tingle bought 200,000 shares of the company’s stock in a transaction on Friday, September 13th. The shares were acquired at an average price of C$0.08 per share, for a total transaction of C$15,000.00.

Tower Resources Price Performance

Tower Resources stock opened at C$0.09 on Wednesday. The stock’s 50 day moving average price is C$0.10 and its 200 day moving average price is C$0.10. The company has a market cap of C$13.01 million, a PE ratio of -280.00 and a beta of 0.61. Tower Resources Ltd. has a 1-year low of C$0.06 and a 1-year high of C$0.16.

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.