Thor Explorations (CVE:THX) Shares Down 2.5% - What's Next?

Shares of Thor Explorations Ltd. (CVE:THX - Get Free Report) fell 2.5% during mid-day trading on Wednesday . The company traded as low as C$0.78 and last traded at C$0.78. 280,374 shares traded hands during mid-day trading, a decline of 13% from the average session volume of 321,646 shares. The stock had previously closed at C$0.80.

Thor Explorations Price Performance

The company has a market cap of C$359.68 million, a PE ratio of 6.59 and a beta of 1.48. 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 50 day moving average of C$0.67 and a 200-day moving average of C$0.47.

Insider Buying and Selling

In related news, Senior Officer Christopher Omo-Osagie purchased 200,000 shares of the business's stock in a transaction on Friday, June 6th. The shares were bought at an average cost of C$0.39 per share, with a total value of C$77,000.00. 12.12% of the stock is currently owned by company insiders.

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.