Short Interest in Thor Explorations Ltd. (OTCMKTS:THXPF) Increases By 80.9%

Thor Explorations Ltd. (OTCMKTS:THXPF) was the recipient of a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 61,700 shares, an increase of 80.9% from the May 15th total of 34,100 shares. Based on an average daily trading volume, of 197,200 shares, the short-interest ratio is currently 0.3 days.

Thor Explorations Stock Up 5.3%

Shares of THXPF opened at $0.60 on Monday. The firm’s 50 day moving average price is $0.47 and its 200 day moving average price is $0.33. Thor Explorations has a fifty-two week low of $0.16 and a fifty-two week high of $0.60.

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.