Canaccord Genuity Group Reiterates Buy Rating for Thor Explorations (LON:THX)

Thor Explorations (LON:THX)‘s stock had its “buy” rating reissued by Canaccord Genuity Group in a report issued on Tuesday, LSE.Co.UK reports. They presently have a GBX 30 ($0.38) price target on the stock. Canaccord Genuity Group’s price target indicates a potential upside of 98.15% from the stock’s current price.

Thor Explorations Stock Down 2.3 %

Thor Explorations stock traded down GBX 0.36 ($0.00) during trading hours on Tuesday, hitting GBX 15.14 ($0.19). The stock had a trading volume of 273,039 shares, compared to its average volume of 298,286. The stock’s 50-day moving average price is GBX 13.35 and its 200-day moving average price is GBX 13.95. Thor Explorations has a 12-month low of GBX 10 ($0.13) and a 12-month high of GBX 24 ($0.30). The stock has a market capitalization of £99.33 million, a P/E ratio of 504.67 and a beta of 1.61.

Thor Explorations Company Profile

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.