Echelon Wealth Partners Analysts Increase Earnings Estimates for Thor Explorations Ltd. (CVE:THX)

Thor Explorations Ltd. (CVE:THXFree Report) – Research analysts at Echelon Wealth Partners upped their FY2024 earnings per share (EPS) estimates for shares of Thor Explorations in a report released on Thursday, April 18th. Echelon Wealth Partners analyst R. Walker now expects that the company will post earnings of $0.06 per share for the year, up from their previous estimate of $0.04. The consensus estimate for Thor Explorations’ current full-year earnings is $0.08 per share.

Thor Explorations Stock Performance

CVE THX opened at C$0.25 on Monday. The company has a current ratio of 0.46, a quick ratio of 0.04 and a debt-to-equity ratio of 39.72. The business’s 50 day moving average is C$0.22 and its two-hundred day moving average is C$0.23. Thor Explorations has a 12-month low of C$0.17 and a 12-month high of C$0.40. The stock has a market capitalization of C$164.02 million, a price-to-earnings ratio of 5.00 and a beta of 1.65.

About Thor Explorations

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Thor Explorations Ltd., together with its subsidiaries, produces and explores gold and 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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