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The latest announcement is out from Thor Mining ( (GB:THR) ).
Thor Energy Plc has announced a trading halt on the Australian Securities Exchange (ASX) pending an announcement about the potential disposal of a project. This halt is expected to last until the announcement is made or until trading resumes on 17 September 2025. Trading on the AIM market of the London Stock Exchange remains unaffected, indicating a strategic move that could impact the company’s operations and market positioning.
Spark’s Take on GB:THR Stock
According to Spark, TipRanks’ AI Analyst, GB:THR is a Underperform.
Thor Mining’s overall stock score is hindered by severe financial challenges, including no revenue and liquidity issues. However, positive corporate developments in the clean energy sector provide a glimmer of future growth potential. The stock’s bearish technical indicators and negative valuation metrics further weigh on the score.
To see Spark’s full report on GB:THR stock, click here.
More about Thor Mining
Thor Energy Plc is engaged in the exploration of hydrogen and helium, which are pivotal in transitioning to a clean energy economy. The company’s portfolio also includes uranium and other energy metals.
Average Trading Volume: 649,505
Technical Sentiment Signal: Sell
Current Market Cap: £5.41M
See more insights into THR stock on TipRanks’ Stock Analysis page.