Thor Explorations (CVE:THX) Stock Price Down 3.6% – Here’s What Happened

Thor Explorations Ltd. (CVE:THXGet Free Report)’s share price traded down 3.6% during mid-day trading on Wednesday . The company traded as low as C$1.32 and last traded at C$1.32. 469,950 shares changed hands during mid-day trading, a decline of 11% from the average daily volume of 525,203 shares. The stock had previously closed at C$1.37.

Thor Explorations Price Performance

The company has a quick ratio of 0.04, a current ratio of 10.49 and a debt-to-equity ratio of 0.03. The company’s 50 day moving average is C$1.10 and its 200 day moving average is C$1.29. The firm has a market capitalization of C$879.88 million, a price-to-earnings ratio of 4.20 and a beta of 1.32.

About Thor Explorations

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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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