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

Thor Explorations Ltd. (OTCMKTS:THXPF) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 17,200 shares, a growth of 17.0% from the August 15th total of 14,700 shares. Based on an average daily volume of 27,400 shares, the days-to-cover ratio is currently 0.6 days.

Thor Explorations Price Performance

THXPF stock opened at $0.20 on Tuesday. Thor Explorations has a 1-year low of $0.11 and a 1-year high of $0.23. The business’s 50 day simple moving average is $0.20 and its 200 day simple moving average is $0.19.

Thor Explorations Company Profile

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.