Thor Explorations Stock Buy Hold or Sell Recommendation
| THX Stock | CAD 0.28 0.02 6.67% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Thor Explorations is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Thor Explorations given historical horizon and risk tolerance towards Thor Explorations. When Macroaxis issues a 'buy' or 'sell' recommendation for Thor Explorations, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Thor Explorations Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Thor and provide practical buy, sell, or hold advice based on investors' constraints. Thor Explorations. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Thor |
Execute Thor Explorations Buy or Sell Advice
The Thor recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Thor Explorations. Macroaxis does not own or have any residual interests in Thor Explorations or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Thor Explorations' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Average | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Thor Explorations Trading Alerts and Improvement Suggestions
| Thor Explorations generated a negative expected return over the last 90 days | |
| Thor Explorations has some characteristics of a very speculative penny stock | |
| Thor Explorations has high historical volatility and very poor performance | |
| Thor Explorations has high likelihood to experience some financial distress in the next 2 years | |
| Thor Explorations has accumulated 72.92 M in total debt. Thor Explorations has a current ratio of 0.32, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Thor Explorations until it has trouble settling it off, either with new capital or with free cash flow. So, Thor Explorations' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Thor Explorations sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Thor to invest in growth at high rates of return. When we think about Thor Explorations' use of debt, we should always consider it together with cash and equity. | |
| About 12.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Thor Explorations Announces Virtual AGM and Global Expansion - TipRanks |
Thor Explorations Returns Distribution Density
The distribution of Thor Explorations' historical returns is an attempt to chart the uncertainty of Thor Explorations' future price movements. The chart of the probability distribution of Thor Explorations daily returns describes the distribution of returns around its average expected value. We use Thor Explorations price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Thor Explorations returns is essential to provide solid investment advice for Thor Explorations.
| Mean Return | 0.07 | Value At Risk | -3.7 | Potential Upside | 7.14 | Standard Deviation | 3.72 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Thor Explorations historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Thor Explorations Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 5.1M | 22.9M | (26.6M) | 5.4M | 1.3M | 1.3M | |
| Free Cash Flow | (2.6M) | (12.5M) | (63.7M) | 55.7M | 29.4M | 30.9M | |
| Capital Expenditures | 24.9K | 40.3M | 41.4M | 28.7M | 51.1M | 53.6M | |
| Net Income | (4.9M) | (3.9M) | (2.5M) | 25.4M | 14.7M | 15.4M | |
| End Period Cash Flow | 5.4M | 28.3M | 1.6M | 6.7M | 10.3M | 10.9M | |
| Other Non Cash Items | 2.2M | 29.0M | 235.7K | 17.8M | 80.0M | 84.0M | |
| Depreciation | 126.7K | 112.3K | 78.8K | 31.7M | 38.1M | 40.0M | |
| Change To Netincome | 1.3M | 2.5M | 2.3M | 28.2M | 32.5M | 34.1M | |
| Investments | (6.0M) | (46.7M) | (35.3M) | (30.6M) | (37.8M) | (35.9M) |
Thor Explorations Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Thor Explorations or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Thor Explorations' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Thor stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | -0.64 | |
σ | Overall volatility | 3.43 | |
Ir | Information ratio | -0.02 |
Thor Explorations Volatility Alert
Thor Explorations shows above-average downside volatility for the selected time horizon. Thor Explorations is a potential penny stock. Although Thor Explorations may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Thor Explorations. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Thor instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Thor Explorations Fundamentals Vs Peers
Comparing Thor Explorations' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Thor Explorations' direct or indirect competition across all of the common fundamentals between Thor Explorations and the related equities. This way, we can detect undervalued stocks with similar characteristics as Thor Explorations or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Thor Explorations' fundamental indicators could also be used in its relative valuation, which is a method of valuing Thor Explorations by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Thor Explorations to competition |
| Fundamentals | Thor Explorations | Peer Average |
| Return On Equity | 0.27 | -0.31 |
| Return On Asset | 0.12 | -0.14 |
| Profit Margin | 0.23 % | (1.27) % |
| Operating Margin | 0.55 % | (5.51) % |
| Current Valuation | 204.46 M | 16.62 B |
| Shares Outstanding | 656.07 M | 571.82 M |
| Shares Owned By Insiders | 12.11 % | 10.09 % |
| Shares Owned By Institutions | 32.49 % | 39.21 % |
| Number Of Shares Shorted | 74.69 K | 4.71 M |
| Price To Earning | (16.82) X | 28.72 X |
| Price To Book | 0.83 X | 9.51 X |
| Price To Sales | 1.27 X | 11.42 X |
| Revenue | 190.64 M | 9.43 B |
| EBITDA | 76.23 M | 3.9 B |
| Net Income | 14.67 M | 570.98 M |
| Cash And Equivalents | 152.01 K | 2.7 B |
| Total Debt | 72.92 M | 5.32 B |
| Current Ratio | 0.33 X | 2.16 X |
| Book Value Per Share | 0.17 X | 1.93 K |
| Cash Flow From Operations | 80.47 M | 971.22 M |
| Short Ratio | 0.98 X | 4.00 X |
| Earnings Per Share | 0.11 X | 3.12 X |
| Target Price | 0.46 | |
| Beta | 1.48 | -0.15 |
| Market Capitalization | 186.98 M | 19.03 B |
| Total Asset | 341.67 M | 29.47 B |
| Retained Earnings | 40.02 M | 9.33 B |
| Working Capital | (69.48 M) | 1.48 B |
| Net Asset | 341.67 M |
Thor Explorations Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Thor . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Thor Explorations Buy or Sell Advice
When is the right time to buy or sell Thor Explorations? Buying financial instruments such as Thor Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having Thor Explorations in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for Thor Stock Analysis
When running Thor Explorations' price analysis, check to measure Thor Explorations' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thor Explorations is operating at the current time. Most of Thor Explorations' value examination focuses on studying past and present price action to predict the probability of Thor Explorations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thor Explorations' price. Additionally, you may evaluate how the addition of Thor Explorations to your portfolios can decrease your overall portfolio volatility.