Thor Energy (LON:THR) Shares Down 4.8% – Here’s Why

Thor Energy Plc (LON:THR) shares were down 4.8% during mid-day trading on Wednesday . The company traded as low as GBX 0.60 ($0.01) and last traded at GBX 0.70 ($0.01). Approximately 3,656,766 shares traded hands during mid-day trading, an increase of 593% from the average daily volume of 527,492 shares. The stock had previously closed at GBX 0.74 ($0.01).

Thor Energy Price Performance

The company has a market capitalization of £3.34 million, a P/E ratio of -1.00 and a beta of 0.36. The company has a debt-to-equity ratio of 0.20, a current ratio of 3.66 and a quick ratio of 3.19. The firm’s 50-day moving average is GBX 0.67 and its 200-day moving average is GBX 0.76.

Thor Energy Company Profile

Thor Energy PLC (ASX / AIM: THR) is an exploration company with a focus on uranium and energy metals that are crucial in the shift to a ‘green’ energy economy. Thor has a number of highly prospective projects that give shareholders exposure to uranium, nickel, copper, lithium and gold. Our projects (link) are located in Australia and the USA, both of which are top mining jurisdictions, and are poised for discovery success.