Thor Explorations Ltd. (OTCMKTS:THXPF) Sees Significant Decline in Short Interest

Thor Explorations Ltd. (OTCMKTS:THXPF) was the target of a significant decline in short interest during the month of November. As of November 30th, there was short interest totalling 70,100 shares, a decline of 67.3% from the November 15th total of 214,700 shares. Based on an average daily trading volume, of 113,900 shares, the short-interest ratio is presently 0.6 days.

Thor Explorations Stock Performance

Thor Explorations stock remained flat at $0.21 during trading hours on Wednesday. 192,000 shares of the company’s stock traded hands, compared to its average volume of 32,370. Thor Explorations has a twelve month low of $0.11 and a twelve month high of $0.25. The stock has a 50-day simple moving average of $0.21 and a 200-day simple moving average of $0.20.

About Thor Explorations

Thor Explorations Ltd., together with its subsidiaries, operates as a gold producer and explorer. The company also explores for silver deposits. Its flagship property is the Segilola Gold Project in Nigeria. The company was incorporated in 1968 and is based in Vancouver, Canada.