Thor Explorations Ltd. Declares Quarterly Dividend of $0.01 (LON:THX)

Thor Explorations Ltd. (LON:THX) declared a quarterly dividend on Friday, July 24th, TickerTech Dividends reports. Investors of record on Friday, August 14th will be given a dividend of $0.01 per share on Friday, August 14th. This represents a c) dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Friday, July 24th.

Thor Explorations Stock Performance

Shares of Thor Explorations stock opened at GBX 60.33 on Wednesday. The company has a market cap of £402.11 million, a P/E ratio of 1.90 and a beta of 1.73. Thor Explorations has a one year low of GBX 39 and a one year high of GBX 101. The firm has a fifty day moving average of GBX 63.40 and a two-hundred day moving average of GBX 73.58.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on THX. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 150 price target on shares of Thor Explorations in a research note on Wednesday, May 13th. Shore Capital Group restated a “buy” rating on shares of Thor Explorations in a research report on Monday, April 13th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Thor Explorations presently has an average rating of “Buy” and an average price target of GBX 150.

About Thor Explorations

Thor Explorations Ltd is a proven low-cost gold producer with a growing diversified Portfolio of mineral assets in West Africa, listed on both the AIM Market of the London Stock Exchange (AIM: THX) and the TSX Venture Exchange (TSX-V: THX).