Thor Explorations (TSE:THX) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Thor Explorations Ltd. reported a strong financial and operational performance for the first half of 2024, with significant increases in revenue and net profit compared to the previous year, partly due to higher gold prices. The company announced a total gold sale of 23,588 ounces at an average price of $2,309 per ounce for Q2 2024, along with a reduction in all-in sustaining costs. Additionally, Thor Explorations made progress with its exploration projects and debt repayment, with an optimistic outlook for the remainder of the year.
For further insights into TSE:THX stock, check out TipRanks’ Stock Analysis page.