Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Thor Explorations (THX) has issued a “Q3 2026 Operating Update” including “gold sales in Q3 of 19,000 oz at an average realised price of US$4,297… Q3 cash balance of US$224.9 million and gold bullion inventory of 2,825 oz for an adjusted net cash position of US$236.7 million”. How does the performance compare to the valuation at a 54p share price?
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