Short Interest in Thor Explorations Ltd. (OTCMKTS:THXPF) Increases By 17.0%

Thor Explorations Ltd. (OTCMKTS:THXPF) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 17,200 shares, an increase of 17.0% from the August 15th total of 14,700 shares. Based on an average trading volume of 27,400 shares, the days-to-cover ratio is presently 0.6 days.

Thor Explorations Price Performance

OTCMKTS:THXPF remained flat at $0.20 during mid-day trading on Monday. Thor Explorations has a 52-week low of $0.11 and a 52-week high of $0.25. The business’s 50 day moving average is $0.20 and its 200-day moving average is $0.19.

Thor Explorations Company Profile

Thor Explorations Ltd., together with its subsidiaries, operates as a gold producer and explorer. The company also explores for silver deposits. Its flagship property is the Segilola Gold Project in Nigeria. The company was incorporated in 1968 and is based in Vancouver, Canada.