Thor Energy (LON:THR) Shares Down 8.3% – Here’s Why

Thor Energy Plc (LON:THR)’s stock price dropped 8.3% on Wednesday . The company traded as low as GBX 0.55 and last traded at GBX 0.55. Approximately 5,533,289 shares changed hands during trading, an increase of 273% from the average daily volume of 1,482,101 shares. The stock had previously closed at GBX 0.60.

Thor Energy Price Performance

The company has a debt-to-equity ratio of 0.11, a quick ratio of 3.19 and a current ratio of 3.54. The company’s fifty day moving average price is GBX 0.61 and its 200 day moving average price is GBX 0.61. The firm has a market capitalization of £5.67 million, a price-to-earnings ratio of -0.61 and a beta of 0.36.

Thor Energy Company Profile

The Company is focused on uranium, energy metals and, recently hydrogen and helium that are crucial in the shift to a clean energy economy.

Thor is listed on the Alternative Investment Market (AIM) in London and the Australian Stock Exchange (ASX) under the ticker “THR”. Thor is also listed on the OTC Exchange in New York under the ticker “THORF”.