Thor Explorations Ltd. (TSXV:THX)

Canada flag Canada · Delayed Price · Currency is CAD
1.330
-0.010 (-0.75%)
May 28, 2026, 2:07 PM EST
Market Cap893.21M +116.5%
Revenue (ttm)468.64M +50.0%
Net Income291.03M +84.1%
EPS0.44 +82.4%
Shares Out 666.57M
PE Ratio3.07
Forward PE2.80
Dividend0.05 (3.73%)
Ex-Dividend DateApr 24, 2026
Volume360,177
Open1.340
Previous Close1.340
Day's Range1.280 - 1.340
52-Week Range0.680 - 1.930
Beta1.67
AnalystsStrong Buy
Price Target2.41 (+81.2%)
Earnings DateMay 26, 2026

About Thor Explorations

Thor Explorations Ltd., together with its subsidiaries, engages in the production, development, and exploration of gold. The company also explores for silver and lithium deposits. Its flagship property is the Segilola Gold Project in Nigeria. Thor Explorations Ltd. was incorporated in 1968 and is based in Vancouver, Canada. [Read more]

Industry Gold
Sector Materials
Founded 1968
Country Canada
Stock Exchange TSX Venture Exchange
Ticker Symbol THX
Full Company Profile

Financial Performance

In 2025, Thor Explorations's revenue was $325.48 million, an increase of 68.53% compared to the previous year's $193.13 million. Earnings were $196.21 million, an increase of 115.21%.

Financial numbers in USD Financial Statements

News

Thor Explorations Earnings Call Transcript: Q1 2026

Q1 2026 saw strong revenue growth, robust cash flow, and a net cash position, driven by high gold prices and disciplined costs. Key milestones include 100% Douta ownership, ongoing exploration, and a maintained dividend policy.

2 days ago - Transcripts

Thor Explorations Earnings release: Q1 2026

Thor Explorations released its Q1 2026 earnings on May 26, 2026, summarizing the period's financial results.

2 days ago - Filings

Thor Explorations Registration statement: Q1 2026

Thor Explorations filed a registration statement on May 26, 2026, providing details about a securities offering with the SEC.

2 days ago - Filings

Thor Explorations Registration statement: Q1 2026

Thor Explorations filed a registration statement on May 26, 2026, providing details about a securities offering with the SEC.

2 days ago - Filings

Thor Explorations Slides: Q1 2026

Thor Explorations has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 26, 2026.

2 days ago - Filings

Thor Explorations Announces First Quarter 2026 Financial and Operating Results, for the Three Months Ending March 31, 2026

Vancouver, British Columbia--(Newsfile Corp. - May 19, 2026) - Thor Explorations Ltd. (AIM: THX) (TSXV: THX) ("Thor Explorations", "Thor", the "Group" or the "Company") is pleased to provide an operat...

9 days ago - Newsfile Corp

Thor Explorations Announces High-Grade Exploration Results Confirm Expanding Gold Footprint at the Douta Project, Senegal

Vancouver, British Columbia--(Newsfile Corp. - May 13, 2026) - Thor Explorations Ltd. (AIM: THX) (TSXV: THX) ("Thor" or the "Company") is pleased to announce its first set of drilling results from its...

15 days ago - Newsfile Corp

Director Change

Vancouver, British Columbia--(Newsfile Corp. - May 12, 2026) - Thor Explorations Ltd. (AIM: THX) (TSXV: THX) ("Thor" or the "Company") is pleased to announce the appointment of Mr. Bernard Swanepoel t...

16 days ago - Newsfile Corp

Thor Explorations Announces Dividend - Foreign Exchange Rate Confirmation

Vancouver, British Columbia--(Newsfile Corp. - May 5, 2026) - Thor Explorations Ltd (TSXV: THX) (AIM: THX) ("Thor Explorations", "Thor" or the "Company") announces the foreign exchange rates that will...

23 days ago - Newsfile Corp

Thor Explorations Slides: Corporate presentation

Thor Explorations has posted slides in relation to its latest quarterly earnings report, which was published on April 22, 2026.

5 weeks ago - Filings

Thor Explorations Earnings Call Transcript: Q4 2025

Record gold production and strong cash flow in 2024 enabled robust shareholder returns and a debt-free balance sheet. Exploration and development advanced across Nigeria, Senegal, and Côte d'Ivoire, with 2025 guidance reaffirmed and no equity dilution planned for new projects.

6 weeks ago - Transcripts

Thor Explorations Registration statement: Q4 2025

Thor Explorations filed a registration statement on April 15, 2026, providing details about a securities offering with the SEC.

6 weeks ago - Filings

Thor Explorations Registration statement: Q4 2025

Thor Explorations filed a registration statement on April 15, 2026, providing details about a securities offering with the SEC.

6 weeks ago - Filings

Thor Explorations Earnings release: Q4 2025

Thor Explorations released its Q4 2025 earnings on April 15, 2026, summarizing the period's financial results.

6 weeks ago - Filings

Thor Explorations Announces Q1 2026 Operating Update

Vancouver, British Columbia--(Newsfile Corp. - April 15, 2026) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor Explorations" or the "Company") is pleased to provide an operational update for it...

6 weeks ago - Newsfile Corp

Thor Explorations Announces Audited Financial and Operating Results for the Full Year and the Unaudited Three Months Ending December 31, 2025

This Announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 ("MAR").

7 weeks ago - Newsfile Corp

Thor Explorations Ltd. Announces Filing of NI 43-101 Technical Report on the Douta Gold Project, Senegal

Vancouver, British Columbia--(Newsfile Corp. - March 13, 2026) - Thor Explorations (TSXV: THX) (AIM: THX) ("Thor" or the "Company") is pleased to announce that the Company has filed on SEDAR+ (here) a...

2 months ago - Newsfile Corp

Thor Explorations Transcript: Study result

Record sales and earnings were driven by higher by-product output and strong metal prices, despite a slight decline in copper production. Major projects like Tía María are progressing, with production expected to ramp up in 2027, while cost control and ESG initiatives remain priorities.

4 months ago - Transcripts

Thor Explorations Press release: Study result

Thor Explorations issued a press release on January 27, 2026, disclosing material business information to investors.

4 months ago - Filings

Thor Explorations Slides: Study result

Thor Explorations has posted slides in relation to its latest quarterly earnings report, which was published on January 27, 2026.

4 months ago - Filings

Thor Explorations Announces Positive Pre-Feasibility Study for the Douta Gold Project, Senegal

This announcement contains inside information as defined in the UK version of the Market Abuse Regulation (EU) No.596/2014, which is part of UK domestic law by virtue of the European Union (Withdrawal...

4 months ago - Newsfile Corp

Thor Explorations Announces Strong Q4 2025 Gold Production of 23,604 Ounces, 2026 Operating Guidance and Bonus Q4 Dividend

Vancouver, British Columbia--(Newsfile Corp. - January 13, 2026) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor Explorations", the "Company" or the "Group") is pleased to provide its fourth qu...

4 months ago - Newsfile Corp

Thor Explorations Announces Douta Project Preliminary Feasibility Study Release Date

This Announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 ("MAR").

5 months ago - Newsfile Corp

Thor Explorations Announces Total Voting Rights

Vancouver, British Columbia--(Newsfile Corp. - November 21, 2025) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor Explorations" or the "Company") announces that as at 20 November 2025, its issu...

6 months ago - Newsfile Corp

Thor Explorations Earnings Call Transcript: Q3 2025

Q3 2025 delivered strong profits and cash flow, driven by high gold prices and disciplined costs. Guidance for 2025 is narrowed to 90,000–95,000 ounces at $900–$1,000/oz AISC, with robust exploration and development across Nigeria, Senegal, and Côte d'Ivoire.

6 months ago - Transcripts