Thor Mining (UK) Price on November 26, 2024

THR Stock   0.73  0.02  2.67%   
Below is the normalized historical share price chart for Thor Mining PLC extending back to June 29, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Thor Mining stands at 0.73, as last reported on the 2nd of December, with the highest price reaching 0.77 and the lowest price hitting 0.71 during the day.
200 Day MA
0.9871
50 Day MA
0.8105
Beta
0.461
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Thor Stock, it is important to understand the factors that can impact its price. Thor Mining PLC owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0436, which indicates the firm had a -0.0436% return per unit of risk over the last 3 months. Thor Mining PLC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thor Mining's Risk Adjusted Performance of (0.04), variance of 14.37, and Coefficient Of Variation of (1,542) to confirm the risk estimate we provide.
  
At present, Thor Mining's Common Stock is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 1.6 M, whereas Common Stock Total Equity is forecasted to decline to about 138.5 K. . Thor Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0436

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Estimated Market Risk

 3.76
  actual daily
33
67% of assets are more volatile

Expected Return

 -0.16
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Thor Mining is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Thor Mining by adding Thor Mining to a well-diversified portfolio.
Price Book
0.2588
Book Value
0.035
Enterprise Value
2.7 M
Enterprise Value Ebitda
(11.11)
Shares Float
289.1 M

Thor Mining Valuation on November 26, 2024

It is possible to determine the worth of Thor Mining on a given historical date. On November 26, 2024 Thor was worth 0.8 at the beginning of the trading date compared to the closed value of 0.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thor Mining stock. Still, in general, we apply an absolute valuation method to find Thor Mining's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Thor Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thor Mining's related companies.
 Open High Low Close Volume
  0.80    0.88    0.73    0.80    66,559  
11/26/2024
  0.80    0.83    0.75    0.83    1,134,382  
  0.83    0.83    0.75    0.83    142,064  
Backtest Thor Mining  |  Thor Mining History  |  Thor Mining Valuation   PreviousNext  
Open Value
0.8
0.83
Closing Value
12.08
Upside

Thor Mining Trading Date Momentum on November 26, 2024

On November 27 2024 Thor Mining PLC was traded for  0.83  at the closing time. The highest price during the trading period was 0.83  and the lowest recorded bid was listed for  0.75 . The volume for the day was 142.1 K. This history from November 27, 2024 did not result in any price rise and fall. The trading price change to the current price is 9.64% .

Thor Mining PLC Fundamentals Correlations and Trends

By evaluating Thor Mining's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Thor Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thor financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Thor Mining Stock history

Thor Mining investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Thor is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thor Mining PLC will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Thor Mining stock prices may prove useful in developing a viable investing in Thor Mining
Last ReportedProjected for Next Year
Common Stock Shares Outstanding272.7 M286.3 M
Net Loss-468 K-491.4 K

Thor Mining Stock Technical Analysis

Thor Mining technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Thor Mining technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Thor Mining trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Thor Mining Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Thor Mining PLC cannot be verified against its exchange. Please verify the symbol is currently traded on London Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Thor Mining December 2, 2024 Market Strength

Market strength indicators help investors to evaluate how Thor Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thor Mining shares will generate the highest return on investment. By undertsting and applying Thor Mining stock market strength indicators, traders can identify Thor Mining PLC entry and exit signals to maximize returns

Thor Mining Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Thor Mining's price direction in advance. Along with the technical and fundamental analysis of Thor Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thor to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Thor Stock analysis

When running Thor Mining's price analysis, check to measure Thor Mining's 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 Mining is operating at the current time. Most of Thor Mining's value examination focuses on studying past and present price action to predict the probability of Thor Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thor Mining's price. Additionally, you may evaluate how the addition of Thor Mining to your portfolios can decrease your overall portfolio volatility.
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