Thor Explorations (LON:THX) Earns Buy Rating from Canaccord Genuity Group

Thor Explorations (LON:THX)‘s stock had its “buy” rating reissued by investment analysts at Canaccord Genuity Group in a research note issued on Wednesday,Digital Look reports. They currently have a GBX 89 price target on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 41.27% from the stock’s current price.

Thor Explorations Price Performance

LON:THX traded up GBX 1 during trading hours on Wednesday, hitting GBX 63. The company had a trading volume of 1,871,213 shares, compared to its average volume of 718,681. The stock has a 50-day moving average price of GBX 63.91 and a 200 day moving average price of GBX 50.14. The company has a market capitalization of £413.32 million, a PE ratio of 3.01 and a beta of 1.49. Thor Explorations has a 52 week low of GBX 15.50 and a 52 week high of GBX 77.60.

Thor Explorations Company Profile

Thor Explorations Ltd is a proven low-cost gold producer with a growing diversified Portfolio of mineral assets in West Africa, listed on both the AIM Market of the London Stock Exchange (AIM: THX) and the TSX Venture Exchange (TSX-V: THX).