Thor Mining (LON:THR) Shares Cross Above 50 Day Moving Average of $0.52

Shares of Thor Mining PLC (LON:THRGet Rating) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 0.52 ($0.01) and traded as high as GBX 0.62 ($0.01). Thor Mining shares last traded at GBX 0.58 ($0.01), with a volume of 3,534,934 shares trading hands.

Thor Mining Stock Performance

The company has a quick ratio of 7.47, a current ratio of 7.47 and a debt-to-equity ratio of 0.08. The stock has a 50 day simple moving average of GBX 0.52 and a 200 day simple moving average of GBX 0.63. The company has a market capitalization of £11.12 million and a price-to-earnings ratio of -5.75.

About Thor Mining

(Get Rating)

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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