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IN BRIEF: Thor Mining Loss Stretched By "Very Active Year"

14th Sep 2020 14:40

Thor Mining PLC - vanadium and gold miner in US and Australia - Pretax loss in year ended June 30 widens to GBP922,000 from GBP735,000. Administrative expenses up 35% to GBP123,000 and corporate expenses rise 10% to GBP663,000. "The preliminary statements summarise a very active year for the company in terms of advancement of existing projects and investigation of new projects as we observe a rise in demand for, and price recovery of, a range of minerals and metals," Executive Chair Mick Billing says.

Current stock price: 0.60 pence

Year-to-date change: up 40%

By Eric Cunha; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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Thor Energy
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