Thor Explorations (CVE:THX) Trading 1.4% Higher – Time to Buy?

Shares of Thor Explorations Ltd. (CVE:THX) traded up 1.4% during trading on Wednesday . The stock traded as high as C$1.42 and last traded at C$1.42. 166,337 shares traded hands during trading, a decline of 73% from the average session volume of 622,189 shares. The stock had previously closed at C$1.40.

Thor Explorations Trading Up 1.9%

The firm has a market capitalization of C$916.54 million, a PE ratio of 4.58 and a beta of 1.56. The company’s 50-day simple moving average is C$1.46 and its 200 day simple moving average is C$1.37. The company has a quick ratio of 0.04, a current ratio of 8.52 and a debt-to-equity ratio of 0.68.

Thor Explorations Company Profile

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.