Thor Energy (LON:THR) Trading Up 12.5% – What’s Next?

Thor Energy Plc (LON:THR) shares traded up 12.5% during trading on Tuesday . The stock traded as high as GBX 0.90 ($0.01) and last traded at GBX 0.90 ($0.01). 124,702 shares changed hands during trading, a decline of 66% from the average session volume of 366,009 shares. The stock had previously closed at GBX 0.80 ($0.01).

Thor Energy Stock Performance

The company has a 50 day moving average of GBX 0.81 and a 200 day moving average of GBX 0.87. 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 stock has a market capitalization of £3.12 million, a price-to-earnings ratio of -82.90 and a beta of 0.36.

Thor Energy Company Profile

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.