| THX Stock | | | CAD 0.30 0.02 7.14% |
CFO
Christopher OmoOsagie is CFO Secretary of Thor Explorations
| Age | 49 |
| Address | 550 Burrard Street, Vancouver, BC, Canada, V6C 0A3 |
| Phone | 778 658 6391 |
| Web | https://www.thorexpl.com |
Thor Explorations Management Efficiency
The company has return on total asset
(ROA) of
0.1212 % which means that it generated a profit of $0.1212 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
0.2668 %, meaning that it generated $0.2668 on every $100 dollars invested by stockholders. Thor Explorations' management efficiency ratios could be used to measure how well Thor Explorations manages its routine affairs as well as how well it operates its assets and liabilities.
Return On Tangible Assets is likely to climb to 0.05 in 2024.
Return On Capital Employed is likely to climb to 0.14 in 2024. At this time, Thor Explorations'
Total Assets are fairly stable compared to the past year.
Non Current Assets Total is likely to climb to about 279.1
M in 2024, whereas
Intangible Assets are likely to drop slightly above 14.8
M in 2024.
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.
Thor Explorations Ltd., a junior mineral exploration company, acquires, explores for, and develops mineral properties primarily in Nigeria, Senegal, and Burkina Faso. The company was incorporated in 1968 and is based in Vancouver, Canada. THOR EXPLORATIONS operates under Gold classification in Canada and is traded on TSX Venture Exchange. Thor Explorations (THX) is traded on TSX Venture Exchange in Canada and employs 6 people. Thor Explorations is listed under Metals & Mining category by Fama And French industry classification.
Management Performance
Thor Explorations Leadership Team
Elected by the shareholders, the Thor Explorations' board of directors comprises two types of representatives: Thor Explorations inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Thor. The board's role is to monitor Thor Explorations' management team and ensure that shareholders' interests are well served. Thor Explorations' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Thor Explorations' outside directors are responsible for providing unbiased perspectives on the board's policies.
Thor Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Thor Explorations a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
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Additional Tools for Thor Stock Analysis
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