Thor Explorations (THX) has announced its results for the 2026 second quarter and half-year including emphasising “records across revenue, EBITDA and net profit” and that it is “aiming to deliver value adding milestones of mine life extension at Segilola, Final Investment Decision at Douta and a maiden resource from our portfolio in Côte d’Ivoire”. How does such compare to the valuation from a 58p share price?
Thor Explorations (THX) has announced “Q1 gold poured of 20,256 ounces… FY 2026 production guidance range maintained at 75,000 to 85,000 oz of gold… All-in sustaining cost guidance range maintained at $1,000 to $1,200 per oz”. What does that suggest the outlook is from the valuation at a 80p share price?
Shares in Thor Explorations (THX) approached 100p last month as commodity prices soared. There has since been a correction in those prices but, at back above $5,000 per ounce, the gold price remains comfortably up from below $4,400 early in 2026 and the volatility looks to provide an opportunity here.
