Thor Energy (LON:THR) Stock Price Crosses Above Fifty Day Moving Average – Here’s Why

Thor Energy Plc (LON:THR) shares passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 0.82 ($0.01) and traded as high as GBX 0.84 ($0.01). Thor Energy shares last traded at GBX 0.83 ($0.01), with a volume of 30,579 shares changing hands.

Thor Energy Stock Performance

The company has a debt-to-equity ratio of 0.29, a current ratio of 3.66 and a quick ratio of 3.19. The stock’s 50 day simple moving average is GBX 0.82 and its two-hundred day simple moving average is GBX 0.88. The stock has a market cap of £3.12 million, a P/E ratio of -82.50 and a beta of 0.36.

Thor Energy Company Profile

Thor Energy Plc engages in the exploration and development of mineral properties in Australia and the United States. It explores for uranium, vanadium, copper, tungsten, molybdenum, gold, lithium, and nickel deposits. The company holds 100% interest in the Wedding Bell and the Radium Mountain Projects, located in Colorado and comprise of 199 mineral claims; and the Vanadium King project, located in south-east Utah and comprises of 100 mineral claims.