Thor Energy (LON:THR) Trading 9.2% Higher – Still a Buy?

Thor Energy Plc (LON:THRGet Free Report) shares were up 9.2% during trading on Friday . The stock traded as high as GBX 0.75 and last traded at GBX 0.71. Approximately 2,543,158 shares traded hands during trading, an increase of 95% from the average daily volume of 1,304,533 shares. The stock had previously closed at GBX 0.65.

Thor Energy Stock Down 3.4%

The business has a 50-day simple moving average of GBX 0.58 and a 200-day simple moving average of GBX 0.59. The company has a market cap of £7.21 million, a price-to-earnings ratio of -0.78 and a beta of 0.36. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.19 and a current ratio of 3.66.

Thor Energy Company Profile

(Get Free Report)

The Company is focused on uranium, energy metals and, recently hydrogen and helium that are crucial in the shift to a clean energy economy.

Thor is listed on the Alternative Investment Market (AIM) in London and the Australian Stock Exchange (ASX) under the ticker “THR”. Thor is also listed on the OTC Exchange in New York under the ticker “THORF”.

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