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Thor Explorations (CVE:THX) Reaches New 12-Month High - Here's Why

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Thor Explorations Ltd. (CVE:THX - Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$0.48 and last traded at C$0.47, with a volume of 172104 shares traded. The stock had previously closed at C$0.44.

Thor Explorations Stock Performance

The business's 50 day simple moving average is C$0.39 and its 200 day simple moving average is C$0.33. The stock has a market cap of C$218.61 million, a price-to-earnings ratio of 4.01 and a beta of 1.48. The company has a quick ratio of 0.04, a current ratio of 0.58 and a debt-to-equity ratio of 7.77.

About Thor Explorations

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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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