Canaccord Genuity Group reissued their buy rating on shares of Thor Explorations (LON:THX – Free Report) in a report issued on Monday morning,London Stock Exchange reports. Canaccord Genuity Group currently has a GBX 38 ($0.51) price objective on the stock.
Thor Explorations Stock Performance
LON:THX opened at GBX 41.35 ($0.56) on Monday. Thor Explorations has a fifty-two week low of GBX 13.20 ($0.18) and a fifty-two week high of GBX 45 ($0.60). The stock has a market capitalization of £343.82 million, a P/E ratio of 6.32 and a beta of 1.49. The company’s 50-day simple moving average is GBX 38.06 and its 200-day simple moving average is GBX 28.63.
Insider Buying and Selling
In related news, insider Adrian J. G. Coates bought 29,032 shares of the stock in a transaction that occurred on Friday, May 30th. The stock was bought at an average cost of GBX 36 ($0.48) per share, for a total transaction of £10,451.52 ($14,032.65). 12.12% of the stock is owned by company insiders.
About Thor Explorations
Thor Explorations Ltd is a proven low-cost gold producer with a growing diversified Portfolio of mineral assets in West Africa, listed on both the AIM Market of the London Stock Exchange (AIM: THX) and the TSX Venture Exchange (TSX-V: THX).
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