Thor Energy (LON:THR) Shares Down 7.7% – Should You Sell?

Thor Energy Plc (LON:THRGet Free Report) shares dropped 7.7% during mid-day trading on Tuesday . The company traded as low as GBX 0.60 ($0.01) and last traded at GBX 0.60 ($0.01). Approximately 449,997 shares traded hands during mid-day trading, an increase of 11% from the average daily volume of 406,796 shares. The stock had previously closed at GBX 0.65 ($0.01).

Thor Energy Trading Up 4.0 %

The firm has a 50 day moving average price of GBX 0.70 and a two-hundred day moving average price of GBX 0.79. The company has a market cap of £2.46 million, a price-to-earnings ratio of -65.00 and a beta of 0.36. The company has a quick ratio of 3.19, a current ratio of 3.66 and a debt-to-equity ratio of 0.29.

About Thor Energy

(Get Free Report)

Thor Energy PLC (ASX / AIM: THR) is an exploration company with a focus on uranium and energy metals that are crucial in the shift to a ‘green’ energy economy. Thor has a number of highly prospective projects that give shareholders exposure to uranium, nickel, copper, lithium and gold. Our projects (link) are located in Australia and the USA, both of which are top mining jurisdictions, and are poised for discovery success.

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