Thor Mining (THR) AI Stock Analysis

• Market Cap: £4.62M
• Dividend Yield: N/A
• Average Volume (3M): 456.87K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.90
• Revenue Growth: N/A
• EPS Growth: 83.64%
• Country: UK
• Employees: 3
• Sector: Basic Materials
• Sector Strength: 59
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 1,005,072,630
• 10 Day Avg. Volume: 400,450
• 30 Day Avg. Volume: 456,872
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Thor Mining's overall stock score is hindered by severe financial challenges, including no revenue and liquidity issues. However, positive corporate developments in the clean energy sector provide a glimmer of future growth potential. The stock's bearish technical indicators and negative valuation metrics further weigh on the score.

Thor Mining Business Overview & Revenue Model

Company Description

Thor Mining PLC engages in the exploration and development of mineral properties in Australia and the United States. It explores for tungsten, molybdenum, copper, uranium, vanadium, gold, and nickel deposits. The company holds 100% interests in the Molyhil tungsten-molybdenum project located in the Northern Territory of Australia; the Pilot Mountain tungsten project situated in Nevada; and the Ragged Range project located in the Pilbara region of Western Australia. It also holds interests in the Kapunda copper mine and the Moonta copper project located in South Australia; and the Uranium and Vanadium project situated in the Colorado and Utah. Thor Mining PLC was incorporated in 2004 and is headquartered in London, the United Kingdom.

How the Company Makes Money

Thor Mining makes money through the exploration and development of its mineral projects, with the potential to generate revenue from the sale of discovered and extracted minerals such as copper, gold, and tungsten. The company may also enter into joint venture agreements or partnerships with other mining companies to share the risks and benefits of project development. Additionally, Thor Mining can raise funds through equity financing to support its exploration and development activities. The company's earnings are influenced by factors such as mineral prices, the success of exploration efforts, and strategic partnerships.

Thor Mining Financial Statement Overview

Summary

Thor Mining shows significant financial challenges with no revenue generation and consistent losses impacting profitability. Despite a strong equity base and low leverage, cash flow issues and reliance on external funding highlight liquidity concerns.

Income Statement

Thor Mining's income statement shows no revenue over the analyzed period, reflecting a challenging environment for generating income. The net income has consistently been negative, with significant losses in each year. This indicates difficulty in covering operational costs and suggests a need for strategies to enhance revenue generation or reduce costs.

Balance Sheet

The balance sheet reflects a relatively strong equity base with a low level of debt, resulting in a favorable debt-to-equity ratio. This indicates financial stability and low leverage risk. However, the lack of revenue generation could strain cash reserves over time, necessitating attention to cash management and potential external financing needs.

Cash Flow

Operating cash flow has been consistently negative, indicating challenges in generating sufficient cash from core business activities. However, financing cash flows are positive, suggesting reliance on external funding. The absence of free cash flow growth and negative free cash flow to net income ratio highlight ongoing liquidity challenges.

Breakdown
Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
-39.00K	-30.00K	-15.00K	-38.00K	-37.00K
	EBIT
-661.00K	-706.00K	-971.00K	-2.39M	-912.00K
	EBITDA
-2.51M	-460.00K	-1.24M	-2.09M	-881.00K
	Net Income Common Stockholders
-2.47M	-520.00K	-1.53M	-3.33M	-1.02M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
805.00K	1.17M	783.00K	233.00K	523.00K
	Total Assets
13.50M	14.85M	12.63M	13.01M	12.77M
	Total Debt
27.00K	61.00K	10.00K	42.00K	42.00K
	Net Debt
-778.00K	-1.11M	-773.00K	-191.00K	-481.00K
	Total Liabilities
241.00K	429.00K	326.00K	403.00K	290.00K
	Stockholders Equity
13.26M	14.42M	12.31M	12.61M	12.48M
Cash Flow		Free Cash Flow
0.00	-2.32M	-1.47M	-1.20M	-1.59M
	Operating Cash Flow
-565.00K	-626.00K	-757.00K	-631.00K	-713.00K
	Investing Cash Flow
-771.00K	-1.31M	-565.00K	-448.00K	-1.06M
	Financing Cash Flow
1.24M	2.32M	1.87M	785.00K	939.00K

Thor Mining Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.46
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:THR, the sentiment is Negative. The current price of 0.46 is below the 20-day moving average (MA) of 0.50, below the 50-day MA of 0.56, and below the 200-day MA of 0.73, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 25.77 is Positive, neither overbought nor oversold. The STOCH value of 36.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:THR.

Thor Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	49 Neutral	$1.95B	-1.27	-21.38%	3.72%	0.83%	-29.30%
GGP	49 Neutral	£1.80B	344.00	3.19%	―	―	―
VAST	38 Underperform	£11.35M	―		―	-87.94%	42.21%
THR	36 Underperform	£4.62M	―	-5.49%	―	―	83.64%
BEM	29 Underperform	£4.86M	―	-11.15%	―	―	―

Thor Mining Corporate Events

Thor Energy Advances HY-Range Project with Promising Resource Assessments

Thor Energy PLC has completed the acquisition of Go Exploration Pty Ltd and is advancing its HY-Range Project in South Australia, which now includes a regulated substance exploration license for hydrogen and helium. The company is fast-tracking exploration activities due to promising resource assessments, positioning itself strategically in the energy sector.

Spark’s Take on GB:THR Stock

According to Spark, TipRanks’ AI Analyst, GB:THR is a Neutral.

Thor Energy’s overall stock score reflects significant financial challenges and bearish technical indicators. The company is struggling with profitability and liquidity risks, impacting its valuation negatively. However, positive corporate events focusing on clean energy provide future growth potential, slightly boosting the overall score.

To see Spark’s full report on GB:THR stock, click here.

Thor Energy Launches Geochemical Survey at HY-Range Project

Thor Energy PLC announced the commencement of a comprehensive geochemical survey at its HY-Range project in South Australia, aimed at identifying natural hydrogen and helium hotspots. This innovative survey, which includes the use of a mobile gas chromatograph for real-time data collection, is expected to enhance the company’s understanding of the project’s potential and support future exploration drilling. Additionally, Thor Energy is issuing new shares for professional services and has decided to relinquish its Ragged Range project, resulting in cost savings.

Spark’s Take on GB:THR Stock

According to Spark, TipRanks’ AI Analyst, GB:THR is a Neutral.

Thor Energy’s overall stock score reflects significant financial challenges and bearish technical indicators. The company is struggling with profitability and liquidity risks, impacting its valuation negatively. However, positive corporate events focusing on clean energy provide future growth potential, slightly boosting the overall score.

To see Spark’s full report on GB:THR stock, click here.

Thor Energy Announces Investor Presentation on HY-Range Project

Thor Energy PLC has announced an upcoming live investor presentation on April 7, 2025, to discuss updates on their HY-Range Project in South Australia. The session aims to engage existing and potential shareholders, offering them the opportunity to submit questions and provide feedback, thereby enhancing investor relations and transparency.

Thor Energy Unveils Promising Hydrogen and Helium Prospects at HY-Range Project

Thor Energy PLC has announced a significant independent assessment of prospective resources for natural hydrogen and helium at its HY-Range project in South Australia. The results, which exceed company expectations, position Thor Energy in a prime location within Australia’s hydrogen and helium hotspot. With an 80.2% net interest in the RSEL 802 license, the company plans to accelerate exploration efforts to unlock the project’s full potential. This development marks a substantial milestone for Thor Energy, reinforcing its strategic focus on natural hydrogen and helium exploration and positioning it strongly for future growth in this emerging sector.

Thor Energy PLC Reports Strategic Shift and Half-Year Results

Thor Energy PLC has announced its half-year results for the period ending December 31, 2024, highlighting significant strategic shifts and operational updates. The company has completed the acquisition of Go Exploration, marking its entry into the natural hydrogen sector, and is focusing on optimizing its portfolio towards energy-related resources. Despite underwhelming results from its US uranium drilling, Thor is committed to further evaluation. The company has also made progress in its Molyhil Tungsten-Molybdenum Project and welcomed new shareholders in its EnviroCopper Limited investment, indicating a strategic pivot towards strengthening its position in the energy sector.

Thor Energy Advances Hydrogen Exploration with Licence Conversion

Thor Energy PLC announced that its subsidiary, Go Exploration Pty Ltd, has successfully converted its petroleum exploration licence into a regulated substance exploration licence in South Australia. This conversion allows the company to explore for hydrogen and helium, enhancing its strategic position in the clean energy sector. The move is seen as a significant step forward for Thor’s hydrogen project, with exploration activities set to commence soon, reflecting the company’s confidence in the area’s potential.

Thor Energy’s Voting Rights Shift as Spreadex Reduces Stake

Thor Energy PLC, a UK-based company, has experienced a change in the breakdown of its voting rights, as reported in a recent notification. Spreadex LTD, a shareholder, has reduced its voting rights in Thor Energy from 6.6723% to 3.147% as of February 21, 2025. This change may impact Thor Energy’s shareholder dynamics and influence within the company.

Thor Energy Enhances Clean Energy Portfolio with Go Exploration Acquisition

Thor Energy PLC has completed the acquisition of 80.2% of Go Exploration Pty Ltd, an Australian-based explorer of natural hydrogen and helium, in exchange for 466,462,584 new ordinary shares. This acquisition positions Thor Energy at the forefront of hydrogen and helium exploration in Australia, particularly with Go Exploration’s advantageous licences near significant discoveries. This move aligns with Thor’s strategy to strengthen its position in the clean energy resources sector and is expected to enhance shareholder value.

Thor Energy Appoints Andrew Hume as Managing Director Amid Hydrogen Sector Expansion

Thor Energy Plc has appointed Mr. Andrew Hume as the new Managing Director, bringing his extensive 27-year experience in the energy sector to the company. This strategic move comes as Thor Energy enters the natural hydrogen sector, marked by its acquisition of Go Exploration, and positions the company to leverage Hume’s expertise in driving exploration and development. The appointment and associated incentives are expected to enhance Thor’s capacity to capitalize on emerging opportunities in hydrogen and helium resources, potentially impacting its market positioning and stakeholder interests positively.