Thor Explorations logo

Thor Explorations(TSXV) THX

Market CapCA$766.56MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2009)+511%
5 Year+331%
1 Year-15%
1 Month-20%
CA$1.11
-3.48%
-0.04Today
Thor Explorations last closing stock price
MetricPriceDate
Last closeCAD 1.112026-10-07
Thor Explorations stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-5.93%CAD 1.182026-09-30
1 month-19.57%CAD 1.382026-09-04
3 month+4.89%CAD 1.062026-07-09
Year to date-9.28%CAD 1.222025-12-31
1 year-15.03%CAD 1.312025-10-07
3 year+373.77%CAD 0.232023-10-06
5 year+331.47%CAD 0.262021-10-08
Since inception+510.56%CAD 0.192009-09-10

Thor Explorations Financials at a Glance

Market Cap

CA$766.56MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$330.89M

Net Income (TTM)

$205.72M

EPS (TTM)

CA$0.43

P/E Ratio

2.69

Dividend

CA$0.05

Beta (Volatility)

0.09 (Low)

Price

CA$1.11

Volume

353,795

Open

CA$1.15

Previous Close

CA$1.11

Daily Range

CA$1.10 - CA$1.15

52-Week Range

CA$0.97 - CA$1.93

Estimated Earnings Date

Nov 17, 2026

THX News

No articles available.

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About Thor Explorations

Thor Explorations Ltd. is a natural resources company focused on the acquisition, exploration, development, and production of mineral properties, primarily gold and silver. The company operates in Senegal, Burkina Faso, Nigeria, and Canada, with its flagship asset being the Segilola gold project in Nigeria.

Products and Services
  • Exploration and development of gold and silver deposits
  • Management of mineral property assets
  • Production of gold from the Segilola project
Growth Outlook
  • Projected increase in gold production from Segilola project
  • Expansion plans in West Africa to enhance resource base
  • Strong demand for gold expected to drive revenue growth
Financial Highlights
  • Q2 2026 revenue of 77.5 million, up from 73.1 million in Q1 2026
  • Net income for Q2 2026 reached 48.6 million, reflecting strong profitability
  • TTM gross profit margin of 68.6%, indicating operational efficiency
Thor Explorations Ltd. has established itself as a key player in the gold mining sector, particularly in West Africa. The company's flagship Segilola project is expected to significantly contribute to its revenue and profitability in the coming years. Recent financial performance shows a robust upward trend, with substantial revenue growth and strong net income figures. The company's strategic focus on expanding its resource base and capitalizing on the growing demand for gold positions it well for future success. With a solid financial foundation and a commitment to operational excellence, Thor Explorations Ltd. presents an intriguing opportunity for potential investors interested in the natural resources sector.
AI Generated • Oct 2, 2026

Industry

Metals and Mining

Sector

Materials

CEO

Olusegun Lawson, MBA

Website

www.thorexpl.com

Headquarters

Vancouver, BC V6C 0A3, CA

THX Financials

Key Financial Metrics (TTM)

Gross Margin

68.57%

Operating Margin

62.62%

Net Income Margin

62.17%

Return on Equity

52.47%

Return on Capital

53.20%

Return on Assets

42.21%

Earnings Yield

37.17%

Dividend Yield

4.34%

Payout Ratio

14.88%

Stock Overview

Market Cap

CA$766.56MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

666.57M

Volume

353.80K

Avg. Volume

490.49K

Financials (TTM)

Gross Profit

$226.88M

Operating Income

$207.21M

EBITDA

$255.23M

Operating Cash Flow

$214.51M

Capital Expenditure

-$8.34M

Free Cash Flow

$206.17M

Cash & ST Invst.

$192.75M

Total Debt

$157.69K

Thor Explorations Performance Analysis

Thor Explorations annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 215,033,0392735.2%
20232023-12-31USD 190,636,978-11.3%
20242024-12-31USD 264,580,68138.8%
20252025-12-31USD 454,789,48271.9%
Thor Explorations sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-15.6%
Q42025-12-3158.0%
Q12026-03-31-33.8%
Q22026-06-306.0%
Thor Explorations annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD 0.08N/A
20232023-12-31USD 0.02-71.2%
20242024-12-31USD 0.19746.0%
20252025-12-31USD 0.41117.6%
Thor Explorations sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-16.7%
Q42025-12-3153.8%
Q12026-03-31-31.0%
Q22026-06-302.0%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$77.50M

-6.4%

Gross Profit

$53.69M

-3.7%

Gross Margin

69.28%

N/A

Market Cap

CA$766.56MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

CA$9.58M

N/A

Employees

80

N/A

Net Income

$48.64M

-5.9%

EBITDA

$59.19M

-2.0%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$192.75M

+264.7%

Total Debt

$157.69K

-96.9%

Accounts Receivable

$0.00

-100.0%

Inventory

$50.97M

+37.2%

Long Term Debt

$0.00

-100.0%

Short Term Debt

$157.69K

-98.4%

Return on Assets

42.21%

N/A

Return on Invested Capital

44.74%

N/A

Free Cash Flow

$49.54M

+13.4%

Operating Cash Flow

$53.37M

+19.4%

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Questions About THX

What is the current price of Thor Explorations?

Thor Explorations is trading at CA$1.11 per share.

What is the 52-week range for Thor Explorations?

Over the past 52 weeks, Thor Explorations has traded between CA$0.97 and CA$1.93.

How much debt does Thor Explorations have?

As of the most recent reporting period, Thor Explorations reported total debt of $224.16K.

How much cash does Thor Explorations have on hand?

Thor Explorations reported $274.00M in cash and cash equivalents in its most recent financial results.

What is Thor Explorations’s dividend yield?

Thor Explorations currently has a dividend yield of 4.34%.

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