Thor Explorations (CVE:THX) Reaches New 1-Year High – Still a Buy?

Thor Explorations Ltd. (CVE:THXGet Free Report) hit a new 52-week high on Tuesday . The stock traded as high as C$0.48 and last traded at C$0.48, with a volume of 163081 shares traded. The stock had previously closed at C$0.47.

Thor Explorations Price Performance

The firm has a market capitalization of C$212.54 million, a P/E ratio of 3.90 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. The firm has a 50 day moving average price of C$0.40 and a 200-day moving average price of C$0.33.

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.

Further Reading

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