Thor Explorations Ltd. (OTCMKTS:THXPF) Sees Large Growth in Short Interest

Thor Explorations Ltd. (OTCMKTS:THXPF) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 17,200 shares, a growth of 17.0% from the August 15th total of 14,700 shares. Based on an average daily volume of 27,400 shares, the short-interest ratio is currently 0.6 days.

Thor Explorations Price Performance

THXPF stock remained flat at $0.20 during mid-day trading on Friday. Thor Explorations has a 12 month low of $0.11 and a 12 month high of $0.25. The stock’s fifty day moving average is $0.20 and its two-hundred day moving average is $0.19.

About Thor Explorations

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.