Thor Explorations Financials

Thor Explorations Stock Summary

Thor Explorations competes with Cabral Gold, Lion One, Equinox Gold, Independence Gold, and Heliostar Metals. 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 was incorporated in 1968 and is based in Vancouver, Canada. Thor Exploration is traded on OTC Exchange in the United States.

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 is rated third in return on asset category among its peers reporting about  0.26  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Thor Explorations is roughly  3.92 . 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

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 Pink Sheet 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.

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.