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 2 claim blocks totaling 2,936.5 hectares located in the Nechako Plateau; and the More Creek project that covers an area of 6,430 hectares located in the Golden Triangle District in northwestern British Columbia. The company was formerly known as Tower Energy Ltd. and changed its name to Tower Resources Ltd. in September 2011. The company was incorporated in 1988 and is headquartered in Squamish, Canada.
Canadian Market Performance
7D7 Days: 0.4%
3M3 Months: 7.1%
1Y1 Year: 21.0%
YTDYear to Date: 9.9%
In the last week, the market has stayed flat, however the Materials sector stood out, gaining 6.6%. Meanwhile, the market is actually up 21% over the past year. As for the next few years, earnings are expected to grow by 11% per annum. Market details ›
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