Thor Explorations Ltd. (OTCMKTS:THXPF) Sees Significant Drop in Short Interest

Thor Explorations Ltd. (OTCMKTS:THXPF) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totalling 30,100 shares, a decline of 57.1% from the November 30th total of 70,100 shares. Based on an average trading volume of 189,200 shares, the days-to-cover ratio is presently 0.2 days.

Thor Explorations Stock Up 2.3 %

OTCMKTS:THXPF traded up $0.00 on Friday, reaching $0.22. 112,000 shares of the stock traded hands, compared to its average volume of 38,902. Thor Explorations has a 12 month low of $0.11 and a 12 month high of $0.25. The company’s fifty day simple moving average is $0.21 and its 200 day simple moving average is $0.21.

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.