Thor Energy (LON:THR) Trading Down 6.7% – Time to Sell?

Thor Energy Plc (LON:THR)’s share price traded down 6.7% during mid-day trading on Tuesday . The company traded as low as GBX 0.65 and last traded at GBX 0.65. 783,618 shares were traded during mid-day trading, a decline of 61% from the average session volume of 1,996,582 shares. The stock had previously closed at GBX 0.70.

Thor Energy Price Performance

The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.19 and a current ratio of 3.66. The stock’s 50-day moving average is GBX 0.59 and its two-hundred day moving average is GBX 0.60. The stock has a market cap of £6.70 million, a PE ratio of -0.72 and a beta of 0.36.

About Thor Energy

The Company is focused on uranium, energy metals and, recently hydrogen and helium that are crucial in the shift to a clean energy economy.

Thor is listed on the Alternative Investment Market (AIM) in London and the Australian Stock Exchange (ASX) under the ticker “THR”. Thor is also listed on the OTC Exchange in New York under the ticker “THORF”.