Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Tower Resources Plc engages in the oil and gas exploration activities 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 9,369 square kilometers situated in the offshore South Africa. It also holds 80% interest in Blocks 1910A, 1911, and 1912B of the northern Walvis Basin and Dolphin Graben, which covers an area of 23,297 square kilometers located in Namibia. The company was incorporated in 2004 and is headquartered in London, the United Kingdom.
Company Valuation
Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers. Specifically, the stock is overvalued on EV/EBITDA.
Buy
Sell