Thor Explorations (CVE:THX) Shares Down 1.4% – Here’s What Happened

Thor Explorations Ltd. (CVE:THXGet Free Report) was down 1.4% during mid-day trading on Wednesday . The company traded as low as C$1.03 and last traded at C$1.04. 149,309 shares were traded during mid-day trading, a decline of 70% from the average daily volume of 497,556 shares. The stock had previously closed at C$1.05.

Thor Explorations Trading Down 1.4%

The company’s 50 day moving average price is C$1.20 and its 200 day moving average price is C$1.36. The company has a market cap of C$693.24 million, a price-to-earnings ratio of 3.27 and a beta of 1.39. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.04 and a current ratio of 9.15.

Thor Explorations Company Profile

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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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