Thor Energy (LON:THR) Shares Down 7.7% – Here’s Why

Thor Energy Plc (LON:THRGet Free Report) shares traded down 7.7% on Tuesday . The company traded as low as GBX 0.60 ($0.01) and last traded at GBX 0.60 ($0.01). 449,997 shares traded hands during mid-day trading, an increase of 11% from the average session volume of 406,796 shares. The stock had previously closed at GBX 0.65 ($0.01).

Thor Energy Stock Performance

The stock’s fifty day simple moving average is GBX 0.70 and its two-hundred day simple moving average is GBX 0.80. The company has a market cap of £2.39 million, a price-to-earnings ratio of -63.00 and a beta of 0.36. The company has a debt-to-equity ratio of 0.29, a quick ratio of 3.19 and a current ratio of 3.66.

About Thor Energy

(Get Free Report)

Thor Energy PLC (ASX / AIM: THR) is an exploration company with a focus on uranium and energy metals that are crucial in the shift to a ‘green’ energy economy. Thor has a number of highly prospective projects that give shareholders exposure to uranium, nickel, copper, lithium and gold. Our projects (link) are located in Australia and the USA, both of which are top mining jurisdictions, and are poised for discovery success.

Further Reading

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