Thor Energy (LON:THR) Share Price Passes Above 50 Day Moving Average – Here’s What Happened

Shares of Thor Energy Plc (LON:THR) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 0.62 and traded as high as GBX 0.65. Thor Energy shares last traded at GBX 0.65, with a volume of 1,203,576 shares changing hands.

Thor Energy Trading Up 8.3%

The firm has a market cap of £6.70 million, a price-to-earnings ratio of -0.71 and a beta of 0.11. The firm has a 50 day moving average price of GBX 0.62 and a 200-day moving average price of GBX 0.60.

Thor Energy Company Profile

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”.