Thor Explorations (OTCMKTS:THXPF) Shares Down 11.7% – Should You Sell?

Thor Explorations Ltd. (OTCMKTS:THXPF – Get Free Report) traded down 11.7% on Wednesday. The company traded as low as $0.6837 and last traded at $0.6939. 431,043 shares traded hands during mid-day trading, an increase of 182% from the average session volume of 152,929 shares. The stock had previously closed at $0.7856.

Thor Explorations Price Performance

The company has a 50-day moving average price of $0.88 and a 200-day moving average price of $0.88.

About Thor Explorations

(Get Free Report)

Thor Explorations Ltd. is a Canadian mineral exploration and gold production company focused on West Africa. The company’s principal business is the development and operation of gold assets, along with exploration activities intended to expand its mineral resources and identify additional deposits.

Thor’s flagship asset is the Segilola Gold Mine in Osun State, Nigeria. Segilola is a large-scale open-pit gold mine and became Nigeria’s first commercial-scale gold mine, with production commencing in 2021.

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