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Thor Explorations (CVE:THX) Trading Down 4.1% - Should You Sell?

Thor Explorations logo with Basic Materials background

Thor Explorations Ltd. (CVE:THX - Get Free Report) shares were down 4.1% during mid-day trading on Tuesday . The stock traded as low as C$0.70 and last traded at C$0.70. Approximately 475,800 shares traded hands during mid-day trading, an increase of 55% from the average daily volume of 306,559 shares. The stock had previously closed at C$0.73.

Thor Explorations Price Performance

The company has a 50 day moving average of C$0.59 and a 200-day moving average of C$0.43. The firm has a market capitalization of C$317.64 million, a P/E ratio of 5.82 and a beta of 1.48. 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.

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