Thor Explorations (CVE:THX) Stock Price Up 2% – Still a Buy?

Thor Explorations Ltd. (CVE:THXGet Free Report) traded up 2% on Wednesday . The stock traded as high as C$1.06 and last traded at C$1.01. 2,086,639 shares were traded during trading, an increase of 321% from the average session volume of 495,829 shares. The stock had previously closed at C$0.99.

Thor Explorations Stock Performance

The company has a debt-to-equity ratio of 0.34, a current ratio of 9.15 and a quick ratio of 0.04. The company has a 50 day simple moving average of C$1.11 and a 200-day simple moving average of C$1.33. The stock has a market capitalization of C$673.24 million, a P/E ratio of 3.18 and a beta of 1.39.

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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