Thor Explorations (CVE:THX) Reaches New 12-Month Low – Here’s Why

Thor Explorations Ltd. (CVE:THX – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Thursday. The stock traded as low as C$0.93 and last traded at C$0.94, with a volume of 581,451 shares traded. The stock had previously closed at C$1.00.

Thor Explorations Price Performance

The company has a market capitalization of C$623.25 million, a price-to-earnings ratio of 2.98 and a beta of 1.28. The company has a debt-to-equity ratio of 0.03, a current ratio of 10.49 and a quick ratio of 0.04. The business has a fifty day moving average price of C$1.22 and a 200 day moving average price of C$1.22.

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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