Thor Explorations (CVE:THX) Hits New 1-Year Low – Should You Sell?

Shares of Thor Explorations Ltd. (CVE:THX – Get Free Report) reached a new 52-week low during trading on Wednesday. The stock traded as low as C$0.98 and last traded at C$0.99, with a volume of 945,108 shares traded. The stock had previously closed at C$1.11.

Thor Explorations Price Performance

The stock’s 50-day moving average is C$1.23 and its 200 day moving average is C$1.24. The stock has a market capitalization of C$646.58 million, a PE ratio of 3.09 and a beta of 1.28. The company has a quick ratio of 0.04, a current ratio of 10.49 and a debt-to-equity ratio of 0.03.

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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