Thor Explorations’ (THX) Buy Rating Reiterated at Canaccord Genuity Group

Thor Explorations (LON:THX)‘s stock had its “buy” rating reissued by Canaccord Genuity Group in a report released on Wednesday,Digital Look reports. They presently have a GBX 150 price target on the stock. Canaccord Genuity Group’s target price points to a potential upside of 99.21% from the stock’s previous close.

Separately, Shore Capital Group reaffirmed a “buy” rating on shares of Thor Explorations in a report on Monday, April 13th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of GBX 150.

Thor Explorations Price Performance

Thor Explorations stock traded up GBX 0.70 during trading hours on Wednesday, hitting GBX 75.30. The stock had a trading volume of 561,612 shares, compared to its average volume of 661,326. Thor Explorations has a 1-year low of GBX 28 and a 1-year high of GBX 101. The stock has a market capitalization of £501.92 million, a price-to-earnings ratio of 2.51 and a beta of 1.67. The stock’s fifty day moving average is GBX 76.36 and its two-hundred day moving average is GBX 74.19.

Insiders Place Their Bets

In other Thor Explorations news, insider Adrian J. G. Coates sold 39,700 shares of Thor Explorations stock in a transaction on Monday, February 16th. The shares were sold at an average price of GBX 83, for a total value of £32,951. 12.62% of the stock is currently owned by corporate insiders.

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).