Thor Explorations First Quarter 2025 Earnings: EPS: US$0.052 (vs US$0.019 in 1Q 2024)

Thor Explorations (CVE:THX) First Quarter 2025 Results

Key Financial Results

• Revenue: US$64.1m (up 92% from 1Q 2024).
• Net income: US$34.5m (up 178% from 1Q 2024).
• Profit margin: 54% (up from 37% in 1Q 2024). The increase in margin was driven by higher revenue.
• EPS: US$0.052 (up from US$0.019 in 1Q 2024).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

Thor Explorations Earnings Insights

Looking ahead, revenue is expected to decline by 20% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Canada are expected to grow by 14%.

Performance of the Canadian Metals and Mining industry.

The company's shares are up 7.7% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Thor Explorations has 2 warning signs we think you should be aware of.

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