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The latest update is out from Thor Mining ( (GB:THR) ).
Thor Energy PLC has completed the acquisition of 80.2% of Go Exploration Pty Ltd, an Australian-based explorer of natural hydrogen and helium, in exchange for 466,462,584 new ordinary shares. This acquisition positions Thor Energy at the forefront of hydrogen and helium exploration in Australia, particularly with Go Exploration’s advantageous licences near significant discoveries. This move aligns with Thor’s strategy to strengthen its position in the clean energy resources sector and is expected to enhance shareholder value.
More about Thor Mining
Thor Energy PLC is predominantly focused on uranium and energy metals, as well as hydrogen and helium, which are crucial in the transition to a clean energy economy.
YTD Price Performance: -14.29%
Average Trading Volume: 516,300
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £3.07M
For an in-depth examination of THR stock, go to TipRanks’ Stock Analysis page.
