Highlights
LSE: TRP       TOWER RESOURCES PLC ORD 0.1P
Last Price Today's Change   Day's Range   Trading Volume
0.402   -0.003 (0.74%)  0.38 - 0.419  37,474,450

Overview

 
Avg Volume (4 weeks):27,332,850
4 Weeks Range:0.36 - 0.447
4 Weeks Price Volatility (%):
48.28%
52 Weeks Range:0.21 - 0.68
52 Weeks Price Volatility (%):
40.85%
Average Price Target: 20.00
Price Target Upside/Downside: +19.598

Headlines



No recent Headlines for this stock.


Business Background

Tower Resources plc is an upstream oil and gas exploration company. The Company has exploration projects in Cameroon, South Africa, Zambia, and Sahawari Arab Democratic Republic (SADR). The Company has two segments: Africa and Head Office. The Company is an operator of international licenses with a focus on projects in Africa. It holds an interest in Thali Production Sharing Contract (PSC) in Cameroon, which covers an area of approximately 120 square kilometers (kms) and lies in the prolific Rio del Rey basin, in the eastern part of the Niger Delta. It holds an interest in Algoa-Gamtoos license, South Africa, which covers an area of approximately 11,800 square kms. It also holds an interest in the offshore Guelta and Imlili blocks, and the onshore Bojador block in the SADR, which covers an area of approximately 72,700 square kms. It has interests in blocks 40 and 41 of the frontier Zambezi Basin, which covers an area of approximately 6,950 square kms. The Company has no revenues.

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