Thor Explorations (CVE:THX) Reaches New 52-Week Low – Time to Sell?

Thor Explorations Ltd. (CVE:THX – Get Free Report) shares hit a new 52-week low on Friday. The stock traded as low as C$0.88 and last traded at C$0.89, with a volume of 72,572 shares. The stock had previously closed at C$0.92.

Thor Explorations Stock Down 4.9%

The firm has a market capitalization of C$583.25 million, a PE ratio of 2.79 and a beta of 1.28. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.04 and a current ratio of 10.49. The company’s 50 day simple moving average is C$1.19 and its 200-day simple moving average is C$1.29.

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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