Thor Explorations (CVE:THX) Stock Price Up 2% – Time to Buy?

Thor Explorations Ltd. (CVE:THXGet Free Report) rose 2% during trading on Wednesday . The company traded as high as C$1.06 and last traded at C$1.01. Approximately 2,086,639 shares changed hands during trading, an increase of 321% from the average session volume of 495,829 shares. The stock had previously closed at C$0.99.

Thor Explorations Price Performance

The firm has a market cap of C$753.23 million, a PE ratio of 3.55 and a beta of 1.32. The company has a debt-to-equity ratio of 0.34, a current ratio of 9.15 and a quick ratio of 0.04. The business’s fifty day moving average is C$1.10 and its 200-day moving average is C$1.33.

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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