Thor Explorations’ (THX) “Buy” Rating Reaffirmed at Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of Thor Explorations (LON:THX) in a report released on Thursday, MarketBeat reports. They currently have a GBX 30 ($0.37) price target on the stock.

Thor Explorations Stock Performance

LON:THX opened at GBX 14.50 ($0.18) on Thursday. Thor Explorations has a one year low of GBX 10 ($0.12) and a one year high of GBX 24 ($0.30). The business’s 50-day simple moving average is GBX 13.02 and its 200 day simple moving average is GBX 13.95. The stock has a market cap of £95.13 million, a price-to-earnings ratio of 483.33 and a beta of 1.61.

About Thor Explorations

Thor Explorations Ltd., together with its subsidiaries, produces and explores gold and silver deposits. Its flagship property is the Segilola Gold Project in Nigeria. The company was incorporated in 1968 and is based in Vancouver, Canada.