Thor Explorations Stock Analysis

Thor Stock Analysis Notes

About 12.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.84. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Thor Explorations had not issued any dividends in recent years. 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. To find out more about Thor Explorations contact the company at 778 658 6391 or learn more at https://www.thorexpl.com.

Thor Explorations Investment Alerts

Thor Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 200.11 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Thor Explorations's market, we take the total number of its shares issued and multiply it by Thor Explorations's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Thor Profitablity

The company has Profit Margin (PM) of 0.23 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.55 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.55.

Management Efficiency

Thor Explorations has return on total asset (ROA) of 0.1212 % which means that it generated a profit of $0.1212 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2668 %, meaning that it generated $0.2668 on every $100 dollars invested by stockholders. Thor Explorations' management efficiency ratios could be used to measure how well Thor Explorations manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to 0.05 in 2024. Return On Capital Employed is likely to climb to 0.27 in 2024. At this time, Thor Explorations' Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 279.1 M in 2024, whereas Intangible Assets are likely to drop slightly above 14.8 M in 2024.

Technical Drivers

As of the 3rd of December, Thor Explorations has the Risk Adjusted Performance of 0.0213, coefficient of variation of 5702.79, and Semi Deviation of 2.58. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Thor Explorations, as well as the relationship between them. Please validate Thor Explorations variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Thor Explorations is priced more or less accurately, providing market reflects its prevalent price of 0.31 per share.

Thor Explorations Price Movement Analysis

Thor Explorations Outstanding Bonds

Thor Explorations Predictive Daily Indicators

Thor Explorations Forecast Models

Thor Explorations' time-series forecasting models are one of many Thor Explorations' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Thor Explorations' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Thor Explorations prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Thor shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Thor Explorations. By using and applying Thor Stock analysis, traders can create a robust methodology for identifying Thor entry and exit points for their positions.

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.