Thor Energy (LON:THR) Shares Pass Below 200-Day Moving Average – Here’s Why

Thor Energy Plc (LON:THRGet Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 0.84 ($0.01) and traded as low as GBX 0.72 ($0.01). Thor Energy shares last traded at GBX 0.72 ($0.01), with a volume of 209,177 shares.

Thor Energy Price Performance

The firm has a fifty day moving average price of GBX 0.79 and a two-hundred day moving average price of GBX 0.84. The company has a quick ratio of 3.19, a current ratio of 3.66 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of £2.72 million, a P/E ratio of -71.90 and a beta of 0.36.

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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