Thor Explorations (CVE:THX) Shares Up 1.4% – Here’s Why

Thor Explorations Ltd. (CVE:THX)’s stock price shot up 1.4% during mid-day trading on Wednesday . The company traded as high as C$1.42 and last traded at C$1.42. 166,337 shares changed hands during trading, a decline of 73% from the average session volume of 622,189 shares. The stock had previously closed at C$1.40.

Thor Explorations Trading Up 1.4%

The business has a fifty day moving average of C$1.46 and a 200-day moving average of C$1.37. The stock has a market capitalization of C$946.53 million, a price-to-earnings ratio of 4.73 and a beta of 1.56. The company has a debt-to-equity ratio of 0.68, a current ratio of 8.52 and a quick ratio of 0.04.

Thor Explorations Company Profile

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.