Thor Explorations Ltd.

Thor Explorations Ltd.

THXPF
Thor Explorations Ltd.US flagOther OTC
0.80
USD
+0.03
- -
529.93MMarket Cap
Thor Explorations Ltd.
THXPF
(Other OTC)

Recent

price

0.80

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.01
0.26
0.22
0.29
0.49
0.5
Revenue per Share
- -
-0.02
-0.02
-0.01
- -
- -
- -
-0.01
-0.01
-0.01
-0.01
- -
0.06
0.02
0.14
0.3
0.31
Basic EPS, GAAP
- -
-0.03
-0.02
-0.01
- -
- -
-0.02
- -
- -
-0.02
-0.02
-0.04
0.09
0.1
0.09
0.28
0.31
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.03
0.05
Dividend per Share
-0.15
0.11
0.12
0.11
0.09
0.07
0.13
0.08
0.08
0.09
0.1
0.09
0.15
0.17
0.31
0.58
0.63
Book Value per Share
0.1
0.15
0.15
0.13
0.11
0.09
0.14
0.09
0.09
0.11
0.09
0.09
0.15
0.17
0.31
0.57
0.62
Tangible Book Value per Share
30
37
68
88
98
106
171
295
335
377
549
625
642
651
656
665
665
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
6
165
141
193
325
336
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-20.79
32.34
19.19
52.11
61.35
62.74
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
32
28
23
43
45
Depreciation Expense
- -
-1
-1
-1
- -
- -
-1
-2
-3
-4
-3
-2
39
11
91
196
208
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-34.2
23.49
7.7
47.21
60.28
62.1
Profit Margin (%)
3
1
- -
- -
- -
- -
1
-2
- -
4
13
-66
-29
-69
-13
165
196
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
16
39
38
7
2
- -
- -
LT Debt
3
6
10
12
11
10
24
26
31
40
61
59
99
112
201
380
415
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
39.03
18.67
56.56
67.56
63.83
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
39.22
12.93
54.08
65.86
62.51
Return on Capital (%)
- -
- -
-18.48
-8.67
-4.54
-4.16
-4.28
-9.23
-12.31
-12.02
-6.57
-3.63
49.82
10.33
57.88
66.8
63.25
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
4
3
1
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
665
665
667
Market Capitalization
842
829
920

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
122
187
220
Cash, Cash Equivalents & STI
81
138
159
Accounts Receivable, Net
4
- -
- -
Inventories
38
37
48
Total Current Liabilities
26
22
24
Payables & Accruals
22
19
23
ST Debt
4
3
1
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
49.92%
49.27%
88.82%
Free Cash Flow
205.64%
-0.47%
200.98%
Net Income, GAAP
-85.21%
-244.9%
115.21%
Sales/Revenue/Turnover
- -
- -
68.53%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
33
54
40
66
193
2025
64
83
70
109
325
2026
74
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.04
0.03
- -
0.14
2025
0.05
0.08
0.06
- -
0.3
2026
0.07
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
0.01
0.01
- -
0.03
2026
0.02
- -
- -
- -
- -
Business
Thor Explorations Ltd. is a Canadian mineral exploration and gold production company focused on West Africa, operating the Segilola Gold Project in Nigeria; advancing the Douta Gold Project in Senegal; and exploring the Guitry Gold Project and option agreements for up to 80% interests in the Marahui and Boundiali licences in Côte d'Ivoire. The company holds a 100% interest in the producing Segilola Gold Mine in Osun State, Nigeria, Nigeria's first commercial-scale gold mine which produced 85,057 ounces in 2024 with 2025 guidance of 85,000-95,000 ounces based on probable reserves of 517,800 ounces at 4.02 g/t Au; a 100% interest in the Douta Gold Project featuring a 1.78 million ounce resource and ongoing preliminary feasibility study supported by high-grade drilling at prospects including Baraka 3; and early-stage gold and lithium exploration assets across over 1,300 km2 in Nigeria, Senegal, and Côte d'Ivoire targeting artisanal gold zones and battery metals. Founded in 1968 and headquartered in Vancouver, British Columbia, Thor trades on the TSX Venture Exchange (THX) and AIM (THX). Recent developments include increasing its stake to 100% in the Douta Project via acquisition of the remaining 30% economic interest from joint venture partner International Mining Company SARL in September 2025; completing the acquisition of the contiguous Bousankhoba exploration permit in southeast Senegal; reporting positive drilling results from Guitry in Côte d'Ivoire including the initial campaign's significant intersections in October 2025; and advancing near-mine and regional exploration at Segilola with high-grade underground mineralisation confirmations.

Company News

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  • Thor Explorations Ltd. (THX:CA) Q1 2026 Earnings Call Transcript

  • Thor Explorations higher after it delivers strong first quarter, supported by higher gold prices

  • Thor Explorations delivers strong first quarter, supported by higher gold prices

  • Thor Explorations delivers strong first quarter, supported by higher gold prices

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

  • FTSE 100 Live: London stocks climb as miners, banks and Babcock rise

  • Thor Explorations expands gold footprint at Douta project

  • Thor Explorations expands gold footprint at Douta project

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

  • FTSE 100 Live: London stocks slip as banks and Vodafone slide, gilts in focus

  • Thor Explorations adds Bernard Swanepoel to board

  • Thor Explorations adds Bernard Swanepoel to board

  • Thor Explorations Announces Dividend - Foreign Exchange Rate Confirmation

  • Thor Explorations Ltd. (THX:CA) Q4 2025 Earnings Call Transcript

  • Thor Explorations 'coming of age' as it moves towards multi-asset growth, says broker

  • FTSE 100 Live: Shares mixed as Iran talks awaited, with Barratt, Standard Life and Rank leading

  • Thor Explorations maintains guidance after robust quarter