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Added to YB: 2025-11-06

Pitch date: 2025-11-02

THX.L [bullish]

Thor Explorations Ltd.

+24.53%

current return

Author Info

The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.

Company Info

Thor Explorations Ltd., together with its subsidiaries, operates as a gold producer and explorer. The company also explores for silver deposits.

Market Cap

CAD 503.2M

Pitch Price

CAD 1.06

Price Target

N/A

Dividend

4.72%

EV/EBITDA

2.58

P/E

3.64

EV/Sales

1.80

Sector

Metals and Mining

Category

value

Show full summary:
THX you please!

THX.L: Gold miner at 2.1x P/E with £138m est. FY25 profit vs £288m market cap. Segilola mine has 132.6koz reserves to 2027, drilling to 326m depth showing economic grades. 4.5% dividend yield using only 12.75% of profits. Lithium assets, Senegal/Ivory Coast projects add optionality. Margin of safety with $4k+ gold vs $915 AISC.

Read full article (5 min)