Thor Explorations (CVE:THX) Trading Down 1.4% – Here’s What Happened

Thor Explorations Ltd. (CVE:THXGet Free Report) shares were down 1.4% during mid-day trading on Wednesday . The company traded as low as C$1.40 and last traded at C$1.40. Approximately 235,847 shares were traded during trading, a decline of 59% from the average daily volume of 568,836 shares. The stock had previously closed at C$1.42.

Thor Explorations Trading Down 4.7%

The company has a debt-to-equity ratio of 0.68, a current ratio of 8.52 and a quick ratio of 0.04. The firm has a market capitalization of C$873.21 million, a PE ratio of 4.37 and a beta of 1.54. The business’s 50-day moving average price is C$1.39 and its 200-day moving average price is C$1.37.

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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