Thor Explorations Stock Today

THX Stock  CAD 0.30  0.02  7.14%   

Performance

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Odds Of Distress

Less than 47

 
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Thor Explorations is selling for under 0.3 as of the 23rd of November 2024; that is 7.14% up since the beginning of the trading day. The stock's lowest day price was 0.28. Thor Explorations has 47 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Thor Explorations are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of May 2024 and ending today, the 23rd of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
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.. The company has 656.07 M outstanding shares of which 74.69 K shares are at this time shorted by private and institutional investors with about 0.36 days to cover all short positions. More on Thor Explorations

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Thor Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Thor Explorations' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Thor Explorations or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
PresidentJames Philip
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
Thor Explorations' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Thor Explorations' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Thor Explorations can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Thor Explorations' financial leverage. It provides some insight into what part of Thor Explorations' total assets is financed by creditors.
Liquidity
Thor Explorations cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. 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.

Total Cash From Financing Activities

(26.74 Million)
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. The company currently falls under 'Small-Cap' category with a current market capitalization of 196.82 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Thor Explorations's market, we take the total number of its shares issued and multiply it by Thor Explorations's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Thor Explorations classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 656.07 M outstanding shares of which 74.69 K shares are at this time shorted by private and institutional investors with about 0.36 days to cover all short positions. Thor Explorations has accumulated about 152.01 K in cash with 80.47 M of positive cash flow from operations.
Check Thor Explorations Probability Of Bankruptcy
Ownership Allocation
Thor Explorations shows a total of 656.07 Million outstanding shares. 30% of Thor Explorations outstanding shares are owned by institutional holders. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Thor Ownership Details

Thor Explorations Risk Profiles

Although Thor Explorations' alpha and beta are two of the key measurements used to evaluate Thor Explorations' performance over the market, the standard measures of volatility play an important role as well.

Thor Stock Against Markets

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Thor Explorations Corporate Management

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.

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.