Thor Explorations (CVE:THX) Trading 5% Higher

Thor Explorations Ltd. (CVE:THX) shares rose 5% on Friday . The stock traded as high as C$0.33 and last traded at C$0.32. Approximately 168,045 shares changed hands during mid-day trading, a decline of 13% from the average daily volume of 192,745 shares. The stock had previously closed at C$0.30.

Thor Explorations Trading Down 5.0 %

The company has a market cap of C$186.98 million, a price-to-earnings ratio of 7.13 and a beta of 1.49. The company has a current ratio of 0.45, a quick ratio of 0.04 and a debt-to-equity ratio of 22.34. The business’s 50 day moving average price is C$0.25 and its 200-day moving average price is C$0.24.

Thor Explorations (CVE:THX) last issued its quarterly earnings data on Friday, August 23rd. The company reported C$0.06 earnings per share (EPS) for the quarter. Thor Explorations had a net margin of 15.12% and a return on equity of 18.95%. The firm had revenue of C$73.72 million during the quarter. On average, equities analysts anticipate that Thor Explorations Ltd. will post 0.1403509 EPS for the current fiscal year.

About Thor Explorations

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.