IN BRIEF: Thor Explorations annual loss narrows on gold sales

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Thor Explorations Ltd - Vancouver-based mineral explorer with assets in west Africa - Narrows annual loss in 2021 as it makes a revenue. Annual pretax loss shrinks to C$2.6 million, about £1.6 million, from C$3.9 million in 2020. Revenue amounts to C$7.8 million, made entirely through gold sales, versus nothing in 2020. Confirms full year guidance from March, aiming for 80,000 to 100,000 ounces of gold during 2022.

Current stock price: 18.10 pence, up 2.0% on Tuesday

12-month change: down 12%

Copyright 2022 Alliance News Limited. All Rights Reserved.