Insider Buying: Tower Resources Ltd. (CVE:TWR) Insider Buys C$15,000.00 in Stock

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

Tower Resources Trading Down 5.9 %

Tower Resources stock opened at C$0.08 on Thursday. The stock has a fifty day moving average price of C$0.10 and a 200 day moving average price of C$0.10. Tower Resources Ltd. has a 52 week low of C$0.06 and a 52 week high of C$0.16. The firm has a market capitalization of C$12.25 million, a P/E ratio of -280.00 and a beta of 0.61.

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.