TSXV:THXMetals and Mining
Thor Explorations (TSXV:THX) Stock Looks Cheap Despite Single Mine Risk
Thor Explorations stock closed at CA$1.07 on the day of its Q2 2026 release, leaving the market pricing in only a modest recovery after a weak 90 day stretch. The headline is simple: Thor recorded another quarter of heavy profitability from a single operating gold mine while trading on a very low 2.5x P/E and carrying a reported net cash position with no leverage.
Short term traders are reacting to a beaten up chart, while longer term investors are looking at a miner that reported US$77.6m in...