Tower Resources PLC (LON:TRP) fell 13.1% on Wednesday . The company traded as low as GBX 0.76 ($0.01) and last traded at GBX 0.76 ($0.01). 502,358 shares were traded during mid-day trading, a decline of 79% from the average session volume of 2,430,000 shares. The stock had previously closed at GBX 0.88 ($0.01).

The stock has a market cap of $4.30 million and a price-to-earnings ratio of -0.51.

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Tower Resources Company Profile (LON:TRP)

Tower Resources Plc operates as an independent oil and gas exploration company in Africa. The company holds a 100% interest in the Thali production sharing contract that covers an area of 119.2 square kilometers located in the Rio del Rey basin, offshore Cameroon; and a 50% interest in the Algoa-Gamtoos license that covers an area of 11,809 square kilometers located in the offshore South Africa.

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