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Thor Explorations ( (TSE:THX) ) has issued an update.
Thor Explorations Ltd reported strong financial and operational results for Q2 and H1 2025, with record revenue, EBITDA, and net profit figures driven by high gold prices and operational efficiencies. The company sold 25,900 ounces of gold in Q2 2025 at an average price of US$3,187 per ounce, achieving significant profit margins. Thor is advancing its exploration efforts at the Segilola Gold Mine and other projects in Senegal and Côte d’Ivoire, aiming to extend mine life and increase resource estimates. The company also continues to focus on environmental, social, and governance initiatives, enhancing community relations and operational sustainability.
More about Thor Explorations
Thor Explorations Ltd is a mining company focused on gold exploration and production, primarily operating the Segilola Gold Mine in Nigeria. The company also has mineral exploration properties in Nigeria, Senegal, and Côte d’Ivoire, with a strategic focus on expanding its resource base and advancing exploration projects.
For a thorough assessment of THX stock, go to TipRanks’ Stock Analysis page.