Thor Energy (LON:THR) Trading Up 8.7% – Should You Buy?

Thor Energy Plc (LON:THRGet Free Report) was up 8.7% on Tuesday . The company traded as high as GBX 0.75 and last traded at GBX 0.60. Approximately 5,380,616 shares were traded during mid-day trading, an increase of 365% from the average daily volume of 1,156,170 shares. The stock had previously closed at GBX 0.55.

Thor Energy Trading Up 8.7%

The firm has a 50 day simple moving average of GBX 0.62 and a 200 day simple moving average of GBX 0.60. The firm has a market capitalization of £6.16 million, a PE ratio of -0.65 and a beta of 0.05.

Thor Energy (LON:THRGet Free Report) last posted its quarterly earnings results on Monday, March 16th. The company reported GBX (0.12) earnings per share for the quarter.

Thor Energy Company Profile

(Get Free Report)

The Company is focused on uranium, energy metals and, recently hydrogen and helium that are crucial in the shift to a clean energy economy.

Thor is listed on the Alternative Investment Market (AIM) in London and the Australian Stock Exchange (ASX) under the ticker “THR”. Thor is also listed on the OTC Exchange in New York under the ticker “THORF”.

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