Thor Energy (LON:THR) Shares Down 19.7% – Here’s What Happened

Thor Energy Plc (LON:THRGet Free Report) dropped 19.7% during trading on Monday . The stock traded as low as GBX 0.52 ($0.01) and last traded at GBX 0.52 ($0.01). Approximately 1,124,683 shares changed hands during mid-day trading, an increase of 187% from the average daily volume of 391,408 shares. The stock had previously closed at GBX 0.65 ($0.01).

Thor Energy Price Performance

The company has a market capitalization of £2.37 million, a price-to-earnings ratio of -62.50 and a beta of 0.36. The company has a current ratio of 3.66, a quick ratio of 3.19 and a debt-to-equity ratio of 0.29. The company has a 50 day moving average price of GBX 0.69 and a 200 day moving average price of GBX 0.78.

About Thor Energy

(Get Free Report)

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.

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