Thor Explorations (CVE:THX) Trading Down 3.6% – Should You Sell?

Thor Explorations Ltd. (CVE:THXGet Free Report) shares dropped 3.6% during trading on Wednesday . The company traded as low as C$1.32 and last traded at C$1.32. 469,950 shares were traded during mid-day trading, a decline of 11% from the average daily volume of 525,203 shares. The stock had previously closed at C$1.37.

Thor Explorations Price Performance

The stock has a market capitalization of C$879.88 million, a price-to-earnings ratio of 4.20 and a beta of 1.32. The company’s 50-day simple moving average is C$1.10 and its 200-day simple moving average is C$1.29. The company has a debt-to-equity ratio of 0.03, a current ratio of 10.49 and a quick ratio of 0.04.

Thor Explorations Company Profile

(Get Free Report)

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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