Thor Explorations (CVE:THX) Reaches New 12-Month High – What’s Next?

Thor Explorations Ltd. (CVE:THXGet Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$0.61 and last traded at C$0.60, with a volume of 641678 shares changing hands. The stock had previously closed at C$0.55.

Thor Explorations Stock Performance

The firm’s fifty day simple moving average is C$0.43 and its 200 day simple moving average is C$0.35. The company has a market capitalization of C$303.62 million, a PE ratio of 5.56 and a beta of 1.48. The company has a debt-to-equity ratio of 7.77, a current ratio of 0.58 and a quick ratio of 0.04.

About Thor Explorations

(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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