Thor Explorations Financials
| THX Stock | CAD 0.45 0.01 2.17% |
Thor |
Please note, the imprecision that can be found in Thor Explorations' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Thor Explorations. Check Thor Explorations' Beneish M Score to see the likelihood of Thor Explorations' management manipulating its earnings.
Thor Explorations Stock Summary
Thor Explorations competes with Taranis Resources. Thor Explorations Ltd., a junior mineral exploration company, acquires, explores for, and develops mineral properties primarily in Nigeria, Senegal, and Burkina Faso. The company was incorporated in 1968 and is based in Vancouver, Canada. THOR EXPLORATIONS operates under Gold classification in Canada and is traded on TSX Venture Exchange.| Foreign Associates | |
Specialization | Basic Materials, Materials |
| Instrument | Canada Stock View All |
| Exchange | TSX Venture Exchange |
| ISIN | CA8851491040 |
| Business Address | 550 Burrard Street, |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.thorexpl.com |
| Phone | 778 658 6391 |
| Currency | CAD - Canadian Dollar |
You should never invest in Thor Explorations without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Thor Stock, because this is throwing your money away. Analyzing the key information contained in Thor Explorations' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Thor Explorations Key Financial Ratios
There are many critical financial ratios that Thor Explorations' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Thor Explorations reports annually and quarterly.Thor Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Thor Explorations's current stock value. Our valuation model uses many indicators to compare Thor Explorations value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thor Explorations competition to find correlations between indicators driving Thor Explorations's intrinsic value. More Info.Thor Explorations is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.42 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Thor Explorations is roughly 2.38 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Thor Explorations' earnings, one of the primary drivers of an investment's value.Thor Explorations Systematic Risk
Thor Explorations' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Thor Explorations volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Thor Explorations correlated with the market. If Beta is less than 0 Thor Explorations generally moves in the opposite direction as compared to the market. If Thor Explorations Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Thor Explorations is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Thor Explorations is generally in the same direction as the market. If Beta > 1 Thor Explorations moves generally in the same direction as, but more than the movement of the benchmark.
Thor Explorations March 21, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Thor Explorations help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Thor Explorations. We use our internally-developed statistical techniques to arrive at the intrinsic value of Thor Explorations based on widely used predictive technical indicators. In general, we focus on analyzing Thor Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Thor Explorations's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.98 | |||
| Information Ratio | 0.2408 | |||
| Maximum Drawdown | 13.06 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 5.41 |
Additional Tools for Thor Stock Analysis
When running Thor Explorations' price analysis, check to measure Thor Explorations' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thor Explorations is operating at the current time. Most of Thor Explorations' value examination focuses on studying past and present price action to predict the probability of Thor Explorations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thor Explorations' price. Additionally, you may evaluate how the addition of Thor Explorations to your portfolios can decrease your overall portfolio volatility.