Thor Explorations (CVE:THX) Shares Down 4.1% – Here’s What Happened

Thor Explorations Ltd. (CVE:THXGet Free Report) traded down 4.1% during trading on Wednesday . The stock traded as low as C$1.04 and last traded at C$1.05. Approximately 453,861 shares changed hands during mid-day trading, a decline of 12% from the average daily volume of 517,943 shares. The stock had previously closed at C$1.09.

Thor Explorations Stock Down 4.1%

The company has a current ratio of 9.15, a quick ratio of 0.04 and a debt-to-equity ratio of 0.34. The firm has a market cap of C$699.90 million, a P/E ratio of 3.30 and a beta of 1.29. The company’s 50 day simple moving average is C$1.30 and its 200-day simple moving average is C$1.39.

Thor Explorations Company Profile

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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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