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Thor Explorations (CVE:THX) Reaches New 1-Year High - Here's Why

Thor Explorations logo with Basic Materials background

Thor Explorations Ltd. (CVE:THX - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.48 and last traded at C$0.48, with a volume of 163081 shares changing hands. The stock had previously closed at C$0.47.

Thor Explorations Price Performance

The firm has a 50-day simple moving average of C$0.40 and a two-hundred day simple moving average of C$0.33. The company has a market capitalization of C$198.52 million, a price-to-earnings ratio of 3.64 and a beta of 1.48. The company has a current ratio of 0.58, a quick ratio of 0.04 and a debt-to-equity ratio of 7.77.

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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