Echelon Wealth Partners Analysts Increase Earnings Estimates for Thor Explorations Ltd. (CVE:THX)

Thor Explorations Ltd. (CVE:THXFree Report) – Analysts at Echelon Wealth Partners upped their FY2024 EPS estimates for Thor Explorations in a research note issued on Thursday, April 18th. Echelon Wealth Partners analyst R. Walker now anticipates that the company will post earnings per share of $0.06 for the year, up from their prior forecast of $0.04. The consensus estimate for Thor Explorations’ current full-year earnings is $0.08 per share.

Thor Explorations Stock Performance

Shares of CVE THX opened at C$0.25 on Monday. The company has a quick ratio of 0.04, a current ratio of 0.46 and a debt-to-equity ratio of 39.72. The firm’s 50-day moving average price is C$0.22 and its two-hundred day moving average price is C$0.23. Thor Explorations has a 52-week low of C$0.17 and a 52-week high of C$0.40. The stock has a market capitalization of C$164.02 million, a P/E ratio of 5.00 and a beta of 1.65.

About Thor Explorations

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Thor Explorations Ltd., together with its subsidiaries, produces and explores gold and 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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