Thor Energy (LON:THR) Trading Down 9.1% – Here’s Why

Thor Energy Plc (LON:THR)’s stock price fell 9.1% during trading on Friday . The company traded as low as GBX 0.70 ($0.01) and last traded at GBX 0.75 ($0.01). 53,655 shares were traded during trading, a decline of 85% from the average session volume of 368,051 shares. The stock had previously closed at GBX 0.83 ($0.01).

Thor Energy Stock Down 9.1 %

The company has a market cap of £2.84 million, a P/E ratio of -75.00 and a beta of 0.36. The company’s 50-day moving average is GBX 0.81 and its two-hundred day moving average is GBX 0.86. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.66 and a quick ratio of 3.19.

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.