Canaccord Genuity Group reissued their buy rating on shares of Thor Explorations (LON:THX – Free Report) in a research report report published on Tuesday morning,London Stock Exchange reports. They currently have a GBX 49 ($0.66) target price on the stock.
Thor Explorations Stock Performance
LON THX opened at GBX 47.90 ($0.65) on Tuesday. The company has a market cap of £398.28 million, a P/E ratio of 7.32 and a beta of 1.49. The business’s 50 day moving average price is GBX 41.23 and its 200-day moving average price is GBX 31.97. Thor Explorations has a fifty-two week low of GBX 13.59 ($0.18) and a fifty-two week high of GBX 48 ($0.65).
Insider Buying and Selling at Thor Explorations
In related news, insider Adrian J. G. Coates bought 29,032 shares of the business’s stock in a transaction dated Friday, May 30th. The shares were purchased at an average price of GBX 36 ($0.49) per share, with a total value of £10,451.52 ($14,110.33). Corporate insiders own 12.12% of the company’s stock.
Thor Explorations Company Profile
Thor Explorations Ltd is a proven low-cost gold producer with a growing diversified Portfolio of mineral assets in West Africa, listed on both the AIM Market of the London Stock Exchange (AIM: THX) and the TSX Venture Exchange (TSX-V: THX).
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