Thor Explorations (CVE:THX) Trading Up 2% – Still a Buy?

Thor Explorations Ltd. (CVE:THXGet Free Report)’s share price was up 2% 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 mid-day trading, an increase of 321% from the average daily volume of 495,829 shares. The stock had previously closed at C$0.99.

Thor Explorations Trading Up 2.0%

The firm has a 50-day simple moving average of C$1.11 and a 200-day simple moving average of C$1.33. The company has a quick ratio of 0.04, a current ratio of 9.15 and a debt-to-equity ratio of 0.34. The stock has a market cap of C$673.24 million, a PE ratio of 3.18 and a beta of 1.39.

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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