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

Thor Explorations Ltd. (OTCMKTS:THXPF) was the recipient of a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 70,100 shares, a drop of 67.3% from the November 15th total of 214,700 shares. Based on an average daily volume of 113,900 shares, the short-interest ratio is presently 0.6 days.

Thor Explorations Price Performance

OTCMKTS:THXPF remained flat at $0.21 during trading hours on Wednesday. 192,000 shares of the company were exchanged, compared to its average volume of 32,370. The firm’s 50-day moving average price is $0.21 and its 200-day moving average price is $0.20. Thor Explorations has a one year low of $0.11 and a one year high of $0.25.

About Thor Explorations

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.