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Thor Explorations (CVE:THX) Reaches New 12-Month High - Time to Buy?

Thor Explorations logo with Basic Materials background

Thor Explorations Ltd. (CVE:THX - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.61 and last traded at C$0.60, with a volume of 641678 shares trading hands. The stock had previously closed at C$0.55.

Thor Explorations Price Performance

The stock has a market cap of C$294.28 million, a P/E ratio of 5.39 and a beta of 1.48. The company's 50 day moving average price is C$0.44 and its 200-day moving average price is C$0.35. The company has a quick ratio of 0.04, a current ratio of 0.58 and a debt-to-equity ratio of 7.77.

Thor Explorations Company Profile

(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.

Further Reading

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