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Thor Explorations (CVE:THX) Stock Price Up 1.6% - Still a Buy?

Thor Explorations logo with Basic Materials background

Thor Explorations Ltd. (CVE:THX - Get Free Report) shares rose 1.6% on Monday . The stock traded as high as C$0.62 and last traded at C$0.62. Approximately 265,506 shares changed hands during trading, a decline of 11% from the average daily volume of 296,942 shares. The stock had previously closed at C$0.61.

Thor Explorations Price Performance

The company has a debt-to-equity ratio of 7.77, a current ratio of 0.58 and a quick ratio of 0.04. The business's 50 day moving average price is C$0.51 and its 200 day moving average price is C$0.39. The stock has a market capitalization of C$289.61 million, a P/E ratio of 5.31 and a beta of 1.48.

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.

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