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

Shares of Thor Explorations Ltd. (CVE:THX – Get Free Report) hit a new 52-week low on Thursday. The company traded as low as C$0.93 and last traded at C$0.94, with a volume of 581,451 shares changing hands. The stock had previously closed at C$1.00.

Thor Explorations Stock Performance

The stock has a market cap of C$599.92 million, a P/E ratio of 2.87 and a beta of 1.28. The company has a debt-to-equity ratio of 0.03, a current ratio of 10.49 and a quick ratio of 0.04. The stock has a 50-day simple moving average of C$1.22 and a 200-day simple moving average of C$1.22.

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.

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