Thor Explorations (LON:THX) Insider Adrian J. G. Coates Acquires 41,400 Shares of Stock

Thor Explorations Ltd. (LON:THX) insider Adrian J. G. Coates purchased 41,400 shares of the stock in a transaction dated Tuesday, June 30th. The shares were purchased at an average cost of GBX 56 per share, for a total transaction of £23,184.

Adrian J. G. Coates also recently made the following trade(s):

• On Tuesday, June 30th, Adrian J. G. Coates sold 36,250 shares of Thor Explorations stock. The stock was sold at an average price of GBX 55, for a total value of £19,937.50.

Thor Explorations Stock Performance

Thor Explorations stock opened at GBX 55.42 on Thursday. The stock has a market cap of £369.41 million, a PE ratio of 1.74 and a beta of 1.68. Thor Explorations Ltd. has a one year low of GBX 39 and a one year high of GBX 101. The stock has a fifty day moving average of GBX 68.22 and a 200 day moving average of GBX 75.12.

Thor Explorations Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 15th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Friday, April 24th. This represents a $0.05 annualized dividend and a dividend yield of 0.1%. Thor Explorations’s dividend payout ratio is presently 11.37%.

Analyst Upgrades and Downgrades

THX has been the topic of a number of research reports. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 150 price objective on shares of Thor Explorations in a report on Wednesday, May 13th. Shore Capital Group reiterated a “buy” rating on shares of Thor Explorations in a research note on Monday, April 13th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, 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).