Tower Resources (CVE:TWR) Stock: Insider Leah May Hodges Sells 203,750 Shares

Tower Resources Ltd. (CVE:TWR) insider Leah May Hodges sold 203,750 shares of the stock in a transaction on Tuesday, October 27th. The shares were sold at an average price of C$0.13, for a total value of C$26,487.50.

Tower Resources Price Performance

TWR remained flat at C$0.13 during midday trading on Wednesday. 167,911 shares of the company’s stock traded hands, compared to its average volume of 91,106. The firm has a 50 day moving average of C$0.15 and a 200-day moving average of C$0.17. The firm has a market cap of C$22.53 million, a price-to-earnings ratio of -6.50 and a beta of 0.70. Tower Resources Ltd. has a 1-year low of C$0.12 and a 1-year high of C$0.25.

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.