Thor Explorations Ltd. (OTCMKTS:THXPF) Sees Large Growth in Short Interest

Thor Explorations Ltd. (OTCMKTS:THXPF) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 214,700 shares, a growth of 1,360.5% from the October 31st total of 14,700 shares. Based on an average trading volume of 59,800 shares, the days-to-cover ratio is presently 3.6 days.

Thor Explorations Price Performance

OTCMKTS THXPF traded down $0.05 on Wednesday, reaching $0.21. The company had a trading volume of 40,400 shares, compared to its average volume of 25,625. Thor Explorations has a 1-year low of $0.11 and a 1-year high of $0.25. The company’s fifty day moving average is $0.21 and its 200-day moving average is $0.20.

About Thor Explorations

Thor Explorations Ltd., together with its subsidiaries, operates as a gold producer and explorer. The company also explores for silver deposits. Its flagship property is the Segilola Gold Project in Nigeria. The company was incorporated in 1968 and is based in Vancouver, Canada.