Thor Mining (LON:THR) Share Price Passes Below Fifty Day Moving Average of $0.50

Thor Mining PLC (LON:THRGet Rating)’s share price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 0.50 ($0.01) and traded as low as GBX 0.49 ($0.01). Thor Mining shares last traded at GBX 0.55 ($0.01), with a volume of 4,207,340 shares.

Thor Mining Trading Down 4.0 %

The company has a debt-to-equity ratio of 0.08, a current ratio of 7.47 and a quick ratio of 7.47. The business’s 50 day moving average price is GBX 0.50 and its 200-day moving average price is GBX 0.64. The firm has a market capitalization of ¬£10.64 million and a price-to-earnings ratio of -5.50.

Thor Mining Company Profile

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Thor Mining PLC engages in the exploration and development of mineral properties in Australia and the United States. It explores for tungsten, molybdenum, copper, uranium, vanadium, gold, and nickel deposits. The company holds 100% interests in the Molyhil tungsten-molybdenum project located in the Northern Territory of Australia; the Pilot Mountain tungsten project situated in Nevada; and the Ragged Range project located in the Pilbara region of Western Australia.

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