Thor Explorations (CVE:THX) Hits New 12-Month High – Should You Buy?

Thor Explorations Ltd. (CVE:THXGet Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as C$0.49 and last traded at C$0.47, with a volume of 497200 shares trading hands. The stock had previously closed at C$0.40.

Thor Explorations Trading Up 15.0 %

The company has a current ratio of 0.58, a quick ratio of 0.04 and a debt-to-equity ratio of 7.77. The business has a 50 day simple moving average of C$0.40 and a two-hundred day simple moving average of C$0.34. The stock has a market cap of C$214.87 million, a price-to-earnings ratio of 3.94 and a beta of 1.48.

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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