THX: Margins Will Widen as Full Project Ownership Unlocks Upside

Analysts have raised their price target for Thor Explorations from $1.32 to $1.75. They cite improved profit margins and a more optimistic revenue outlook as the primary reasons for the upward revision.

Analysts have raised their price target on Thor Explorations from $1.21 to $1.32. This change reflects increased confidence in the company's improving profitability and outlook.

The significant increase in Thor Explorations’ future P/E suggests heightened earnings growth expectations or a re-rating of its valuation multiples, driving the consensus analyst price target up from CA$1.04 to CA$1.21. What's in the News Thor Explorations agreed to acquire International Mining Company SARL's remaining 30% stake in the Douta Gold Project in Senegal, increasing its ownership to 100% for USD 3 million and a 1.5% capped NSR, pending final approval.

Despite the consensus analyst price target for Thor Explorations holding steady at CA$1.04, the significant rise in its future P/E ratio suggests expectations of lower future earnings growth or higher valuation risk. What's in the News Thor Explorations reported strong initial drilling results from its maiden campaign at the 100%-owned Guitry Gold Project in Côte d'Ivoire, with notable intersections including 14m at 2.59g/t Au from surface, 4m at 6.87g/t Au from 38m, 5m at 12.65g/t Au from 69m, and 17m at 2.16g/t Au from surface.

AnalystConsensusTarget has increased revenue growth from -17.6% to -14.6% and increased future PE multiple from 5.7x to 6.4x.

AnalystConsensusTarget has decreased revenue growth from -9.9% to -17.6% and increased shares outstanding growth rate from -0.0% to 0.0%.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget has increased future PE multiple from 4.3x to 5.8x.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget has increased revenue growth from -14.6% to -9.9%, decreased future PE multiple from 6.3x to 4.3x and decreased shares outstanding growth rate from 0.0% to 0.0%.