Shares of Thor Explorations Ltd. (CVE:THX – Get Free Report) were up 5% on Wednesday . The company traded as high as C$1.50 and last traded at C$1.47. Approximately 639,928 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 692,789 shares. The stock had previously closed at C$1.40.
Thor Explorations Price Performance
The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.04 and a current ratio of 4.79. The business’s 50 day simple moving average is C$1.51 and its 200-day simple moving average is C$1.34. The stock has a market capitalization of C$979.86 million, a price-to-earnings ratio of 5.98 and a beta of 1.29.
About Thor Explorations
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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