Thor Energy (LON:THR) Trading 12.9% Higher – What’s Next?

Thor Energy Plc (LON:THR)’s share price traded up 12.9% during mid-day trading on Thursday . The company traded as high as GBX 0.75 ($0.01) and last traded at GBX 0.73 ($0.01). 146,627 shares traded hands during mid-day trading, a decline of 61% from the average session volume of 376,121 shares. The stock had previously closed at GBX 0.65 ($0.01).

Thor Energy Stock Performance

The company has a 50 day simple moving average of GBX 0.73 and a 200 day simple moving average of GBX 0.81. The stock has a market cap of £2.78 million, a price-to-earnings ratio of -73.40 and a beta of 0.36. The company has a quick ratio of 3.19, a current ratio of 3.66 and a debt-to-equity ratio of 0.29.

Thor Energy Company Profile

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.