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The latest announcement is out from Thor Mining ( (GB:THR) ).
Thor Energy PLC announced that its subsidiary, Go Exploration Pty Ltd, has successfully converted its petroleum exploration licence into a regulated substance exploration licence in South Australia. This conversion allows the company to explore for hydrogen and helium, enhancing its strategic position in the clean energy sector. The move is seen as a significant step forward for Thor’s hydrogen project, with exploration activities set to commence soon, reflecting the company’s confidence in the area’s potential.
More about Thor Mining
Thor Energy PLC is primarily engaged in the exploration and development of uranium, energy metals, hydrogen, and helium, which are essential in the transition to a clean energy economy.
YTD Price Performance: -17.86%
Average Trading Volume: 432,705
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £5.77M
For detailed information about THR stock, go to TipRanks’ Stock Analysis page.