Thor Explorations (CVE:THX) Shares Up 5.4% – Here’s Why

Thor Explorations Ltd. (CVE:THX – Get Free Report) shares rose 5.4% during trading on Thursday. The company traded as high as C$1.02 and last traded at C$0.97. Approximately 652,527 shares were traded during mid-day trading, an increase of 27% from the average daily volume of 513,152 shares. The stock had previously closed at C$0.92.

Thor Explorations Stock Down 2.0%

The stock has a 50-day simple moving average of C$1.14 and a two-hundred day simple moving average of C$1.27. The company has a quick ratio of 0.04, a current ratio of 10.49 and a debt-to-equity ratio of 0.03. The firm has a market cap of C$653.24 million, a PE ratio of 3.12 and a beta of 1.06.

About Thor Explorations

(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.

Featured Stories

Receive News & Ratings for Thor Explorations Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Thor Explorations and related companies with MarketBeat.com's FREE daily email newsletter.