Shares of Thor Mining Plc (LON:THR) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 4.14 ($0.06) and last traded at GBX 3.88 ($0.05), with a volume of 8319610 shares trading hands. The stock had previously closed at GBX 3.88 ($0.05).
Separately, Beaufort Securities restated a “speculative buy” rating on shares of Thor Mining in a report on Monday, October 30th.
In related news, insider Paul Johnson bought 500,000 shares of the company’s stock in a transaction on Tuesday, January 16th. The stock was bought at an average cost of GBX 3 ($0.04) per share, for a total transaction of £15,000 ($21,064.46).
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About Thor Mining
Thor Mining PLC is an exploration and development company. The Company’s principal activities include the exploration for and potential development of tungsten deposits and exploration for, and potential development of, gold projects. Its segments include Australia and the United States. It has a portfolio of properties in Australia in the Northern Territory and in Western Australia.
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