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

Thor Explorations logo with Basic Materials background

Thor Explorations Ltd. (CVE:THX - Get Free Report) shares hit 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 traded. The stock had previously closed at C$0.75.

Thor Explorations Trading Up 4.0%

The company has a 50 day moving average of C$0.69 and a 200 day moving average of C$0.50. The company has a debt-to-equity ratio of 7.77, a quick ratio of 0.04 and a current ratio of 0.58. The stock has a market capitalization of C$364.35 million, a price-to-earnings ratio of 6.68 and a beta of 1.48.

Insider Buying and Selling at Thor Explorations

In other Thor Explorations news, Senior Officer Christopher Omo-Osagie acquired 200,000 shares of the company's stock in a transaction that occurred on 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. Corporate insiders own 12.12% of the company's stock.

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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