Thor Explorations (CVE:THX) Trading Up 4.2%

Thor Explorations Ltd. (CVE:THX – Get Rating) was up 4.2% on Friday . The stock traded as high as C$0.25 and last traded at C$0.25. Approximately 21,800 shares changed hands during trading, a decline of 82% from the average daily volume of 118,268 shares. The stock had previously closed at C$0.24.

Thor Explorations Stock Performance

The company has a current ratio of 0.28, a quick ratio of 0.08 and a debt-to-equity ratio of 119.53. The stock has a market capitalization of C$160.47 million and a PE ratio of -83.33. The firm’s 50-day simple moving average is C$0.25 and its two-hundred day simple moving average is C$0.27.

Thor Explorations (CVE:THX – Get Rating) last posted its quarterly earnings data on Monday, May 2nd. The company reported C$0.01 earnings per share for the quarter. The firm had revenue of C$7.82 million for the quarter. On average, equities research analysts expect that Thor Explorations Ltd. will post 0.1 earnings per share for the current fiscal year.

Thor Explorations Company Profile

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Thor Explorations Ltd., a natural resources company, engages in the acquisition, exploration, development, and production of mineral properties in Senegal, Burkina Faso, Nigeria, and Canada. The company primarily explores for gold and silver deposits. Its flagship property is the Segilola gold project located in Osun State, Nigeria.