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

Thor Explorations logo with Basic Materials background

Key Points

  • Thor Explorations Ltd. shares reached a new 52-week high of C$1.22, closing at C$1.20 with a trading volume of 591,549 shares.
  • The company's key financial metrics include a debt-to-equity ratio of 7.77 and a market capitalization of C$787.28 million.
  • Senior Officer Christopher Omo-Osagie acquired 200,000 shares at an average cost of C$0.39, indicating insider confidence in the company's performance.
  • Five stocks to consider instead of Thor Explorations.

Thor Explorations Ltd. (CVE:THX - Get Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as C$1.22 and last traded at C$1.20, with a volume of 591549 shares. The stock had previously closed at C$1.15.

Thor Explorations Price Performance

The company's 50-day moving average price is C$0.86 and its two-hundred day moving average price is C$0.67. The company has a market cap of C$813.52 million, a P/E ratio of 5.93 and a beta of 1.18. 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.

Further Reading

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