Thor Explorations (CVE:THX) Stock Price Down 3.1% – Should You Sell?

Thor Explorations Ltd. (CVE:THXGet Free Report)’s stock price traded down 3.1% during trading on Wednesday . The company traded as low as C$1.23 and last traded at C$1.23. Approximately 277,243 shares changed hands during trading, a decline of 46% from the average daily volume of 515,280 shares. The stock had previously closed at C$1.27.

Thor Explorations Price Performance

The company has a debt-to-equity ratio of 0.03, a current ratio of 10.49 and a quick ratio of 0.04. The stock has a 50 day moving average price of C$1.18 and a two-hundred day moving average price of C$1.27. The firm has a market capitalization of C$819.88 million, a price-to-earnings ratio of 3.92 and a beta of 1.37.

Thor Explorations Company Profile

(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.

Further Reading

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