Thor Energy (LON:THR) Trading Up 12.5% – What’s Next?

Thor Energy Plc (LON:THR) traded up 12.5% during mid-day trading on Tuesday . The stock traded as high as GBX 0.90 ($0.01) and last traded at GBX 0.90 ($0.01). 124,702 shares changed hands during mid-day trading, a decline of 66% from the average session volume of 366,009 shares. The stock had previously closed at GBX 0.80 ($0.01).

Thor Energy Price Performance

The firm has a market cap of £3.12 million, a PE ratio of -82.90 and a beta of 0.36. The business’s 50 day moving average price is GBX 0.81 and its 200 day moving average price is GBX 0.87. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.66 and a quick ratio of 3.19.

About Thor Energy

Thor Energy Plc engages in the exploration and development of mineral properties in Australia and the United States. It explores for uranium, vanadium, copper, tungsten, molybdenum, gold, lithium, and nickel deposits. The company holds 100% interest in the Wedding Bell and the Radium Mountain Projects, located in Colorado and comprise of 199 mineral claims; and the Vanadium King project, located in south-east Utah and comprises of 100 mineral claims.