Thor Energy (LON:THR) Shares Down 7.8% – What’s Next?

Thor Energy Plc (LON:THRGet Free Report) shares dropped 7.8% on Monday . The company traded as low as GBX 0.45 ($0.01) and last traded at GBX 0.47 ($0.01). Approximately 243,494 shares traded hands during mid-day trading, a decline of 50% from the average daily volume of 488,487 shares. The stock had previously closed at GBX 0.51 ($0.01).

Thor Energy Trading Down 7.8%

The firm has a market capitalization of £2.24 million, a P/E ratio of -0.67 and a beta of 0.36. The stock’s 50-day simple moving average is GBX 0.49 and its two-hundred day simple moving average is GBX 0.60. The company has a debt-to-equity ratio of 0.20, a current ratio of 3.66 and a quick ratio of 3.19.

Thor Energy (LON:THRGet Free Report) last posted its quarterly earnings results on Friday, March 14th. The company reported GBX (0.10) ($0.00) earnings per share for the quarter.

About Thor Energy

(Get Free Report)

The Company is focused on uranium, energy metals and, recently hydrogen and helium that are crucial in the shift to a clean energy economy.

Thor is listed on the Alternative Investment Market (AIM) in London and the Australian Stock Exchange (ASX) under the ticker “THR”. Thor is also listed on the OTC Exchange in New York under the ticker “THORF”.

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