Thor Energy (LON:THR) Share Price Passes Below 200-Day Moving Average – What’s Next?

Thor Energy Plc (LON:THR)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 0.83 ($0.01) and traded as low as GBX 0.65 ($0.01). Thor Energy shares last traded at GBX 0.66 ($0.01), with a volume of 90,245 shares traded.

Thor Energy Stock Up 7.1 %

The company has a 50-day simple moving average of GBX 0.77 and a two-hundred day simple moving average of GBX 0.83. The company has a quick ratio of 3.19, a current ratio of 3.66 and a debt-to-equity ratio of 0.29. The stock has a market cap of £2.84 million, a P/E ratio of -75.00 and a beta of 0.36.

About Thor Energy

Thor Energy PLC (ASX / AIM: THR) is an exploration company with a focus on uranium and energy metals that are crucial in the shift to a ‘green’ energy economy. Thor has a number of highly prospective projects that give shareholders exposure to uranium, nickel, copper, lithium and gold. Our projects (link) are located in Australia and the USA, both of which are top mining jurisdictions, and are poised for discovery success.