Thor Explorations’ (THX) “Buy” Rating Reaffirmed at Canaccord Genuity Group

Canaccord Genuity Group reissued their buy rating on shares of Thor Explorations (LON:THX) in a report released on Tuesday morning,London Stock Exchange reports. Canaccord Genuity Group currently has a GBX 35 ($0.45) target price on the stock.

Thor Explorations Stock Up 18.2 %

Shares of LON:THX opened at GBX 26 ($0.33) on Tuesday. The stock’s 50 day moving average is GBX 22.38 and its 200-day moving average is GBX 18.75. Thor Explorations has a twelve month low of GBX 13.20 ($0.17) and a twelve month high of GBX 27 ($0.35). The firm has a market capitalization of £216.19 million, a price-to-earnings ratio of 3.98 and a beta of 1.49.

About Thor Explorations

Thor Explorations Ltd is a proven low-cost gold producer with a growing diversified Portfolio of mineral assets in West Africa, listed on both the AIM Market of the London Stock Exchange (AIM: THX) and the TSX Venture Exchange (TSX-V: THX).