Thor Explorations (CVE:THX) Reaches New 52-Week High – Should You Buy?

Thor Explorations Ltd. (CVE:THXGet Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$0.48 and last traded at C$0.47, with a volume of 172104 shares changing hands. The stock had previously closed at C$0.44.

Thor Explorations Stock Performance

The company has a market cap of C$218.61 million, a PE ratio of 4.01 and a beta of 1.48. The company has a debt-to-equity ratio of 7.77, a quick ratio of 0.04 and a current ratio of 0.58. The stock’s 50-day simple moving average is C$0.39 and its 200 day simple moving average is 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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