Thor Explorations Ltd (TSE:THX)
:THX
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THX Stock Chart & Stats
C$1.58
C$0.00(0.00%)
At close: 4:00 PM EST
C$1.58
C$0.00(0.00%)
Day’s Range― - ―
52-Week RangeC$0.55 - C$1.93
Previous CloseN/A
Volume30.00K
Average Volume (3M)702.85K
Market Cap
C$916.54M
Enterprise ValueC$520.35M
Total Cash (Recent Filing)C$137.50M
Total Debt (Recent Filing)C$2.59M
Price to Earnings (P/E)4.2
Beta1.84
Next Earnings
Jun 02, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield2.78%
Share Statistics
EPS (TTM)0.14
Shares Outstanding666,573,100
10 Day Avg. Volume731,645
30 Day Avg. Volume702,847
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)2.23
Price to Sales (P/S)2.55
P/FCF Ratio4.59
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$2.59Price Target Upside63.84% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.35
Revenue Forecast (FY)C$366.07M
Bulls Say, Bears Say
Bulls Say
High Profitability MarginsReported gross margin of ~66% and net margin of ~60% reflect a structurally profitable operating model and strong operating leverage. Sustained high margins support durable cash generation, fund sustaining/growth capex, and provide a margin cushion against moderate cost or price moves over months.
Strong Cash Generation And ConversionOperating cash flow and free cash flow in 2025 are both robust (~189M and ~184M) with FCF closely tracking net income (~97%). High cash conversion enhances ability to self-fund projects, pay shareholder returns, and maintain liquidity without reliance on external financing.
Very Low Leverage And Stronger Equity BaseDebt-to-equity of ~0.01 and a materially strengthened equity position provide lasting financial flexibility. Low leverage lowers refinancing and covenant risk, enabling the company to weather commodity cycles, finance development internally, and pursue opportunistic investments.
Bears Say
Commodity Cyclicality ExposureBusiness economics are closely tied to volatile gold prices and mining cost swings. The unusually sharp margin expansion to 2025 can reverse if metal prices fall or costs rise, making earnings and cash flows sensitive to multi-month commodity cycles and reducing earnings durability.
Historical Cash-flow VolatilityPrior years showed negative FCF (2020–2021) and a weaker conversion year in 2023, indicating earnings and cash generation can be uneven. This history implies operational and capex timing risk that can stress liquidity or force trade-offs in downturns despite recent strength.
Concentration And Limited Disclosure On Hedging/offtakeRevenue relies on gold production from West Africa with no disclosed offtake, hedging, or streaming details. Geographic and counterparty concentration plus unclear price-protection arrangements increase structural exposure to geopolitical, logistics, and market-price shocks.
THX FAQ
What was Thor Explorations Ltd’s price range in the past 12 months?
Thor Explorations Ltd lowest stock price was C$0.55 and its highest was C$1.93 in the past 12 months.
What is Thor Explorations Ltd’s market cap?
Thor Explorations Ltd’s market cap is C$916.54M.
When is Thor Explorations Ltd’s upcoming earnings report date?
Thor Explorations Ltd’s upcoming earnings report date is Jun 02, 2026 which is in 35 days.
How were Thor Explorations Ltd’s earnings last quarter?
Thor Explorations Ltd released its earnings results on Apr 09, 2026. The company reported C$0.14 earnings per share for the quarter, beating the consensus estimate of N/A by C$0.14.
Is Thor Explorations Ltd overvalued?
According to Wall Street analysts Thor Explorations Ltd’s price is currently Undervalued.
Does Thor Explorations Ltd pay dividends?
Thor Explorations Ltd pays a Quarterly dividend of C$0.013 which represents an annual dividend yield of 2.78%. See more information on Thor Explorations Ltd dividends here
What is Thor Explorations Ltd’s EPS estimate?
Thor Explorations Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Thor Explorations Ltd have?
Thor Explorations Ltd has 666,573,100 shares outstanding.
What happened to Thor Explorations Ltd’s price movement after its last earnings report?
Thor Explorations Ltd reported an EPS of C$0.14 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 2.865%.
Which hedge fund is a major shareholder of Thor Explorations Ltd?
Currently, no hedge funds are holding shares in TSE:THX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Thor Explorations Stock Smart Score
Outperform
1
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3
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5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
C$2.59 (63.84% Upside)
C$2.59 (63.84% Upside)
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.9%
Last 30 Days ▲ 5.6%
Last 30 Days ▲ 5.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
386.98%
12-Months-Change
Fundamentals
Return on Equity
65.00%
Trailing 12-Months
Asset Growth
39.03%
Trailing 12-Months
Company Description
Thor Explorations Ltd
Thor Explorations Ltd., a natural resources company, engages in the acquisition, exploration, development, and production of mineral properties in Senegal, Burkina Faso, Nigeria, and Canada. The company primarily explores for gold and silver deposits. Its flagship property is the Segilola gold project located in Osun State, Nigeria. The company was incorporated in 1968 and is based in Vancouver, Canada.
THX Stock 12 Month Forecast
Average Price Target
C$2.59
▲(63.84% Upside)
Technical Analysis
Options Prices
Currently, No data available
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