Thor Explorations (CVE:THX) Reaches New 1-Year High – Still a Buy?

Thor Explorations Ltd. (CVE:THXGet Free Report)’s share price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as C$0.42 and last traded at C$0.42, with a volume of 522341 shares changing hands. The stock had previously closed at C$0.39.

Thor Explorations Price Performance

The firm has a market capitalization of C$196.19 million, a P/E ratio of 3.60 and a beta of 1.48. The stock’s 50 day simple moving average is C$0.36 and its 200 day simple moving average is C$0.32. The company has a debt-to-equity ratio of 7.77, a quick ratio of 0.04 and a current ratio of 0.58.

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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