FY2024 Earnings Estimate for Thor Explorations Ltd. Issued By Echelon Wealth Partners (CVE:THX)

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

Thor Explorations Stock Performance

Shares of CVE THX opened at C$0.26 on Monday. The company has a quick ratio of 0.04, a current ratio of 0.46 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. The company has a market cap of C$170.58 million, a P/E ratio of 5.20 and a beta of 1.65. Thor Explorations has a 12 month low of C$0.17 and a 12 month high of C$0.40.

Thor Explorations Company Profile

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.