Thor Explorations (CVE:THX) Trading Down 7%

Thor Explorations Ltd. (CVE:THX) shares fell 7% during mid-day trading on Thursday . The company traded as low as C$0.26 and last traded at C$0.27. 111,100 shares were traded during trading, a decline of 75% from the average session volume of 450,198 shares. The stock had previously closed at C$0.29.

The company has a current ratio of 0.29, a quick ratio of 0.13 and a debt-to-equity ratio of 83.98. The stock has a market capitalization of C$158.09 million and a PE ratio of -19.23. The stock’s fifty day simple moving average is C$0.27 and its 200-day simple moving average is C$0.30.

Thor Explorations Company Profile (CVE:THX)

Thor Explorations Ltd., a junior natural resources company, engages in the acquisition, exploration, and development of mineral properties in Senegal, Burkina Faso, Nigeria, and Canada. The company primarily explores for gold deposits. Its flagship property is the Segilola gold project located in Osun State, Nigeria.

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