Thor Explorations (LON:THX) Stock Rating Reaffirmed by Canaccord Genuity Group

Thor Explorations (LON:THX)‘s stock had its “buy” rating reiterated by research analysts at Canaccord Genuity Group in a research note issued on Friday, LSE.Co.UK reports. They currently have a GBX 30 ($0.39) price objective on the stock. Canaccord Genuity Group’s target price suggests a potential upside of 65.29% from the stock’s previous close.

Thor Explorations Price Performance

LON:THX opened at GBX 18.15 ($0.24) on Friday. The firm has a market cap of £119.08 million, a price-to-earnings ratio of 907.50 and a beta of 1.49. Thor Explorations has a 1-year low of GBX 10 ($0.13) and a 1-year high of GBX 19.50 ($0.25). The firm’s fifty day moving average price is GBX 14.69 and its 200 day moving average price is GBX 14.22.

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.