Insider Selling: Tower Resources (CVE:TWR) Insider Sells C$26,487.50 in Stock

Key Points

  • Tower Resources insider Leah May Hodges sold 203,750 shares at an average price of C$0.13, generating total proceeds of C$26,487.50.
  • Tower Resources shares opened at C$0.14, below their 50-day moving average of C$0.15 and 200-day moving average of C$0.17. The stock has traded between C$0.12 and C$0.25 over the past year.
  • The Canadian mineral exploration company focuses on gold, silver, and copper projects, including properties in British Columbia’s Kamloops, Nechako Plateau, and Golden Triangle regions.

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

Tower Resources Price Performance

CVE TWR opened at C$0.14 on Thursday. The stock's fifty day moving average price is C$0.15 and its 200 day moving average price is C$0.17. Tower Resources Ltd. has a 1 year low of C$0.12 and a 1 year high of C$0.25. The company has a market cap of C$23.39 million, a price-to-earnings ratio of -6.75 and a beta of 0.70.

About Tower Resources

(Get Free Report)

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.

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