Thor Energy (LON:THR) Share Price Crosses Below 200-Day Moving Average – Here’s What Happened

Thor Energy Plc (LON:THRGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 0.82 ($0.01) and traded as low as GBX 0.60 ($0.01). Thor Energy shares last traded at GBX 0.64 ($0.01), with a volume of 1,854,234 shares changing hands.

Thor Energy Trading Down 1.5 %

The firm has a market capitalization of £2.42 million, a price-to-earnings ratio of -64.00 and a beta of 0.36. The business’s 50-day moving average price is GBX 0.74 and its 200 day moving average price is GBX 0.82. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.66 and a quick ratio of 3.19.

About Thor Energy

(Get Free Report)

Thor Energy PLC (ASX / AIM: THR) is an exploration company with a focus on uranium and energy metals that are crucial in the shift to a ‘green’ energy economy. Thor has a number of highly prospective projects that give shareholders exposure to uranium, nickel, copper, lithium and gold. Our projects (link) are located in Australia and the USA, both of which are top mining jurisdictions, and are poised for discovery success.

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