Thor Energy (LON:THR) Stock Price Down 6.7% – Should You Sell?

Thor Energy Plc (LON:THR) shares were down 6.7% during mid-day trading on Tuesday . The company traded as low as GBX 0.65 and last traded at GBX 0.65. Approximately 783,618 shares traded hands during trading, a decline of 61% from the average daily volume of 1,996,582 shares. The stock had previously closed at GBX 0.70.

Thor Energy Trading Down 3.3%

The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.19 and a current ratio of 3.66. The company has a market capitalization of £6.73 million, a P/E ratio of -0.73 and a beta of 0.36. The company’s fifty day simple moving average is GBX 0.59 and its 200-day simple moving average is GBX 0.59.

About Thor Energy

The Company is focused on uranium, energy metals and, recently hydrogen and helium that are crucial in the shift to a clean energy economy.

Thor is listed on the Alternative Investment Market (AIM) in London and the Australian Stock Exchange (ASX) under the ticker “THR”. Thor is also listed on the OTC Exchange in New York under the ticker “THORF”.