Thor Mining Plc (THR) Receives “not rated” Rating from Shore Capital
Thor Mining Plc (LON:THR)‘s stock had its “not rated” rating restated by equities research analysts at Shore Capital in a research report issued on Friday.
Separately, Beaufort Securities reissued a “speculative buy” rating and issued a GBX 2.20 ($0.03) price target on shares of Thor Mining Plc in a report on Tuesday, June 27th.
Thor Mining Plc (LON THR) traded down 2.56% during mid-day trading on Friday, hitting GBX 0.95. The stock had a trading volume of 5 shares. Thor Mining Plc has a 12-month low of GBX 0.47 and a 12-month high of GBX 1.89. The stock has a 50-day moving average price of GBX 0.92 and a 200 day moving average price of GBX 0.87. The firm’s market cap is GBX 3.01 million.
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In other Thor Mining Plc news, insider Paul Johnson purchased 500,000 shares of Thor Mining Plc stock in a transaction dated Monday, May 22nd. The stock was acquired at an average cost of GBX 87 ($1.13) per share, with a total value of £435,000 ($563,471.50). Insiders bought a total of 3,250,000 shares of company stock valued at $92,750,000 over the last three months.
About Thor Mining Plc
Thor Mining PLC is an exploration and development company. The Company’s principal activities include the exploration for and potential development of tungsten deposits and exploration for, and potential development of, gold projects. Its segments include Australia and the United States. It has a portfolio of properties in Australia in the Northern Territory and in Western Australia.
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