Thor Explorations (CVE:THX) Stock Jumps 5.4% – Time to Buy?

Thor Explorations Ltd. (CVE:THX – Get Free Report) was up 5.4% during trading on Thursday. The company traded as high as C$1.02 and last traded at C$0.97. Approximately 652,527 shares traded hands during trading, an increase of 27% from the average daily volume of 513,152 shares. The stock had previously closed at C$0.92.

Thor Explorations Trading Up 8.7%

The company has a current ratio of 10.49, a quick ratio of 0.04 and a debt-to-equity ratio of 0.03. The company has a market cap of C$666.57 million, a PE ratio of 3.18 and a beta of 1.28. The firm has a fifty day moving average of C$1.16 and a two-hundred day moving average of C$1.28.

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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