Thor Explorations (CVE:THX) Hits New 52-Week High – Still a Buy?

Thor Explorations Ltd. (CVE:THXGet Free Report) reached a new 52-week high during trading on Monday . The company traded as high as C$1.93 and last traded at C$1.80, with a volume of 1515072 shares. The stock had previously closed at C$1.71.

Thor Explorations Stock Performance

The firm has a market capitalization of C$1.17 billion, a PE ratio of 7.15 and a beta of 1.63. The company has a debt-to-equity ratio of 7.77, a quick ratio of 0.04 and a current ratio of 0.58. The business’s fifty day simple moving average is C$1.31 and its 200-day simple moving average is C$1.14.

About Thor Explorations

(Get Free Report)

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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