Insider Buying: Thor Explorations Ltd. (LON:THX) Insider Purchases 29,032 Shares of Stock

Thor Explorations Ltd. (LON:THX) insider Adrian J. G. Coates purchased 29,032 shares of the company’s stock in a transaction that occurred on Friday, May 30th. The stock was bought at an average cost of GBX 36 ($0.49) per share, for a total transaction of £10,451.52 ($14,158.11).

Adrian J. G. Coates also recently made the following trade(s):

• On Tuesday, April 22nd, Adrian J. G. Coates sold 55,500 shares of Thor Explorations stock. The shares were sold at an average price of GBX 36 ($0.49), for a total value of £19,980 ($27,065.84).

Thor Explorations Price Performance

LON:THX opened at GBX 37.95 ($0.51) on Tuesday. Thor Explorations Ltd. has a fifty-two week low of GBX 13.20 ($0.18) and a fifty-two week high of GBX 38.50 ($0.52). The stock’s 50-day moving average is GBX 31.49 and its two-hundred day moving average is GBX 23.51. The stock has a market cap of £315.55 million, a PE ratio of 5.80 and a beta of 1.49.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 35 ($0.47) target price on shares of Thor Explorations in a research note on Tuesday, April 8th.

About Thor Explorations

Thor Explorations Ltd is a proven low-cost gold producer with a growing diversified Portfolio of mineral assets in West Africa, listed on both the AIM Market of the London Stock Exchange (AIM: THX) and the TSX Venture Exchange (TSX-V: THX).