Thor Energy (LON:THR) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

Thor Energy Plc (LON:THRGet Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 0.62 ($0.01) and traded as high as GBX 0.65 ($0.01). Thor Energy shares last traded at GBX 0.61 ($0.01), with a volume of 1,085,527 shares trading hands.

Thor Energy Price Performance

The company has a quick ratio of 3.19, a current ratio of 3.66 and a debt-to-equity ratio of 0.20. The company’s 50-day moving average is GBX 0.62 and its 200-day moving average is GBX 0.72. The stock has a market cap of £2.86 million, a price-to-earnings ratio of -0.86 and a beta of 0.36.

Thor Energy (LON:THRGet Free Report) last released its quarterly earnings results on Friday, March 14th. The company reported GBX (0.10) ($0.00) EPS for the quarter.

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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