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

Thor Explorations Ltd. (CVE:THX - Get Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as C$0.81 and last traded at C$0.79, with a volume of 827765 shares changing hands. The stock had previously closed at C$0.75.

Thor Explorations Stock Up 1.3%

The firm has a 50-day simple moving average of C$0.70 and a two-hundred day simple moving average of C$0.51. The company has a current ratio of 0.58, a quick ratio of 0.04 and a debt-to-equity ratio of 7.77. The stock has a market cap of C$359.68 million, a P/E ratio of 6.59 and a beta of 1.48.

Insider Buying and Selling

In other news, Senior Officer Christopher Omo-Osagie acquired 200,000 shares of the stock in a transaction dated Friday, June 6th. The stock was bought at an average price of C$0.39 per share, with a total value of C$77,000.00. Insiders own 12.12% of the company's stock.

About Thor Explorations

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.