Thor Explorations (CVE:THX) Reaches New 1-Year High – Here’s What Happened

Thor Explorations Ltd. (CVE:THXGet Free Report) hit a new 52-week high on Monday . The company traded as high as C$1.50 and last traded at C$1.47, with a volume of 815631 shares traded. The stock had previously closed at C$1.38.

Thor Explorations Trading Up 6.5%

The firm has a market capitalization of C$979.86 million, a PE ratio of 5.98 and a beta of 1.63. The firm has a 50 day simple moving average of C$1.27 and a 200 day simple moving average of C$1.11. The company has a current ratio of 0.58, a quick ratio of 0.04 and a debt-to-equity ratio of 7.77.

About Thor Explorations

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

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