Thor Explorations (CVE:THX) Hits New 1-Year High - What's Next?

Shares of Thor Explorations Ltd. (CVE:THX - Get Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as C$0.36 and last traded at C$0.36, with a volume of 148401 shares trading hands. The stock had previously closed at C$0.35.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group raised Thor Explorations to a "strong-buy" rating in a research report on Wednesday, October 16th.

Thor Explorations Trading Down 6.3 %

The firm has a market cap of C$246.03 million, a P/E ratio of 5.36 and a beta of 1.48. The company's fifty day moving average price is C$0.32 and its two-hundred day moving average price is C$0.30. The company has a current ratio of 0.51, a quick ratio of 0.04 and a debt-to-equity ratio of 13.10.

Thor Explorations (CVE:THX - Get Free Report) last issued its quarterly earnings data on Monday, November 11th. The company reported C$0.04 EPS for the quarter. Thor Explorations had a net margin of 22.72% and a return on equity of 26.68%. As a group, sell-side analysts predict that Thor Explorations Ltd. will post 0.1772152 EPS for the current fiscal year.

Thor Explorations Company Profile

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.