Thor Energy (LON:THR) Shares Up 12.1% – Here’s What Happened

Thor Energy Plc (LON:THRGet Free Report)’s share price was up 12.1% during mid-day trading on Wednesday . The stock traded as high as GBX 0.90 ($0.01) and last traded at GBX 0.90 ($0.01). Approximately 186,113 shares were traded during trading, a decline of 46% from the average daily volume of 345,450 shares. The stock had previously closed at GBX 0.80 ($0.01).

Thor Energy Trading Up 5.3 %

The company has a debt-to-equity ratio of 0.29, a quick ratio of 3.19 and a current ratio of 3.66. The company’s fifty day simple moving average is GBX 0.81 and its 200-day simple moving average is GBX 0.91. The company has a market capitalization of £3.39 million, a P/E ratio of -85.00 and a beta of 0.36.

About Thor Energy

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Thor Energy Plc engages in the exploration and development of mineral properties in Australia and the United States. It explores for uranium, vanadium, copper, tungsten, molybdenum, gold, lithium, and nickel deposits. The company holds 100% interest in the Wedding Bell and the Radium Mountain Projects, located in Colorado and comprise of 199 mineral claims; and the Vanadium King project, located in south-east Utah and comprises of 100 mineral claims.

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