Thor Explorations (CVE:THX) Stock Price Down 4.1% – Here’s Why

Thor Explorations Ltd. (CVE:THXGet Free Report)’s share price traded down 4.1% on Wednesday . The company traded as low as C$1.04 and last traded at C$1.05. 453,861 shares were traded during mid-day trading, a decline of 12% from the average session volume of 517,943 shares. The stock had previously closed at C$1.09.

Thor Explorations Price Performance

The company has a current ratio of 9.15, a quick ratio of 0.04 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of C$713.23 million, a price-to-earnings ratio of 3.36 and a beta of 1.29. The stock has a 50-day moving average price of C$1.29 and a 200 day moving average price of C$1.39.

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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