Canaccord Genuity Group Reiterates Buy Rating for Thor Explorations (LON:THX)

Canaccord Genuity Group reaffirmed their buy rating on shares of Thor Explorations (LON:THX) in a research note published on Thursday, MarketBeat.com reports. They currently have a GBX 30 ($0.37) price target on the stock.

Thor Explorations Stock Performance

LON THX opened at GBX 14.90 ($0.19) on Thursday. Thor Explorations has a fifty-two week low of GBX 10 ($0.12) and a fifty-two week high of GBX 24 ($0.30). The stock’s fifty day moving average is GBX 12.98 and its two-hundred day moving average is GBX 13.99. The firm has a market capitalization of £97.75 million, a P/E ratio of 490.00 and a beta of 1.61.

About Thor Explorations

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.