Thor Explorations (LON:THX) Rating Reiterated by Canaccord Genuity Group

Thor Explorations (LON:THX)‘s stock had its “buy” rating restated by research analysts at Canaccord Genuity Group in a report released on Thursday, MarketBeat Ratings reports. They presently have a GBX 30 ($0.37) target price on the stock. Canaccord Genuity Group’s price target points to a potential upside of 106.90% from the company’s current price.

Thor Explorations Stock Performance

LON:THX opened at GBX 14.50 ($0.18) on Thursday. Thor Explorations has a fifty-two week low of GBX 10 ($0.12) and a fifty-two week high of GBX 24 ($0.30). The stock has a market capitalization of £95.13 million, a P/E ratio of 483.33 and a beta of 1.61. The company’s 50-day simple moving average is GBX 13.02 and its 200-day simple moving average is GBX 14.

Thor Explorations Company Profile

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.