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

Thor Explorations (LON:THX)‘s stock had its “buy” rating restated by stock analysts at Canaccord Genuity Group in a research report issued on Tuesday, Marketbeat Ratings reports. They presently have a GBX 30 ($0.38) price target on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 96.72% from the company’s previous close.

Thor Explorations Stock Performance

THX opened at GBX 15.25 ($0.19) on Tuesday. The company has a market cap of £100.05 million, a PE ratio of 508.33 and a beta of 1.61. The stock has a 50-day moving average of GBX 13.46 and a 200-day moving average of GBX 13.95. Thor Explorations has a 52-week low of GBX 10 ($0.13) and a 52-week high of GBX 24 ($0.30).

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.