Canaccord Genuity Group reissued their buy rating on shares of Thor Explorations (LON:THX – Free Report) in a report published on Wednesday, Marketbeat reports. The firm currently has a GBX 30 ($0.39) target price on the stock.
Thor Explorations Stock Performance
Shares of LON:THX opened at GBX 14.60 ($0.19) on Wednesday. The business’s 50-day simple moving average is GBX 16.74 and its 200 day simple moving average is GBX 15.59. The company has a market cap of £95.79 million, a P/E ratio of 362.50 and a beta of 1.49. Thor Explorations has a one year low of GBX 10 ($0.13) and a one year high of GBX 20.25 ($0.26).
Insider Transactions at Thor Explorations
In related news, insider Adrian J. G. Coates sold 105,000 shares of the firm’s stock in a transaction on Thursday, September 26th. The shares were sold at an average price of GBX 19 ($0.25), for a total transaction of £19,950 ($26,051.19). Corporate insiders own 12.12% of the company’s stock.
Thor Explorations Company Profile
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.
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