Thor Explorations (CVE:THX) Hits New 52-Week High – Time to Buy?

Thor Explorations Ltd. (CVE:THXGet Free Report) hit a new 52-week high on Friday . The company traded as high as C$0.42 and last traded at C$0.42, with a volume of 522341 shares trading hands. The stock had previously closed at C$0.39.

Thor Explorations Stock Performance

The company’s 50 day simple moving average is C$0.36 and its 200 day simple moving average is C$0.32. The stock has a market cap of C$196.19 million, a price-to-earnings ratio of 3.60 and a beta of 1.48. The company has a debt-to-equity ratio of 7.77, a quick ratio of 0.04 and a current ratio of 0.58.

Thor Explorations Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Thor Explorations Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Thor Explorations and related companies with MarketBeat.com's FREE daily email newsletter.