Thor Explorations (TSE:THX) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Thor Explorations Ltd. reported strong financial growth in Q2 2024, with a 30% increase in revenue and a net profit surge of 91% compared to Q2 2023, as a result of higher gold sales at improved prices. The company also successfully reduced its senior debt and is on track to fully repay it by the end of the year. Operational achievements include the completion of a plant upgrade, leading to the highest gold recovery rate and ounces poured in the last five quarters.
For further insights into TSE:THX stock, check out TipRanks’ Stock Analysis page.