Loading...
Back to narrative

THX: Higher Production And Tightened Costs Will Drive Margin Expansion

THX: Margins Will Widen as Full Project Ownership Unlocks Upside

THX logo
THX
AnalystConsensusTarget
Not Invested
Published 16 Mar 2025

Update shared on 14 Dec 2025

Previous
n/a
n/a
AnalystConsensusTarget's Fair Value
n/a
Loading
1Y
347.5%
7D
8.2%

Analysts have nudged their price target for Thor Explorations slightly higher to reflect a modestly improved valuation outlook, driven by incremental adjustments to the discount rate and earnings expectations, while fair value assumptions remain largely unchanged.

What's in the News

  • Revised 2025 consolidated production guidance narrowed to 90,000 oz to 95,000 oz of gold, with AISC tightened to $900 to $1,000 per oz, reflecting greater confidence in operating performance (Corporate Guidance)
  • 2025 production guidance previously reaffirmed at 85,000 oz to 95,000 oz of gold, underscoring stability in management’s medium term outlook (Corporate Guidance)
  • Third quarter 2025 operating results showed higher ore processed and gold recovered, with 23,612 oz of gold recovered versus 18,496 oz a year earlier, despite lower total tonnes mined (Operating Results)
  • Final drilling results from the maiden campaign at the 100% owned Guitry Gold Project in Côte d’Ivoire confirmed deeper bedrock mineralisation that remains open, supporting further resource growth potential (Product Related Announcement)

Valuation Changes

  • Fair Value: Unchanged at CA$1.73 per share, indicating no revision to the analyst central valuation.
  • Discount Rate: Risen slightly from 7.07 percent to 7.16 percent, reflecting a modestly higher perceived risk profile or required return.
  • Revenue Growth: Effectively unchanged at approximately negative 19.79 percent, indicating no material revision to the near term top line outlook.
  • Net Profit Margin: Stable at roughly 65.39 percent, suggesting no meaningful change in expected profitability levels.
  • Future P/E: Risen slightly from 10.56x to 10.79x, implying a modestly higher multiple applied to projected earnings.

Have other thoughts on Thor Explorations?

Create your own narrative on this stock, and estimate its Fair Value using our Valuator tool.

Create Narrative

Disclaimer

AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.