Thor Explorations Ltd
XTSX:THX

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Thor Explorations Ltd
XTSX:THX
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Price: 1.55 CAD -3.73% Market Closed
Market Cap: CA$1B

Gross Margin

63.7%
Current
Improving
by 18.9%
vs 3-y average of 44.8%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
63.7%
=
Gross Profit
$180m
/
Revenue
$282.4m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
63.7%
=
Gross Profit
CA$180m
/
Revenue
$282.4m

Peer Comparison

Country Company Market Cap Gross
Margin
CA
Thor Explorations Ltd
XTSX:THX
1B CAD
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RU
Polyus PJSC
LSE:PLZL
70.4T USD
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ZA
Gold Fields Ltd
JSE:GFI
744.3B ZAR
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ZA
Harmony Gold Mining Company Ltd
JSE:HAR
214.4B ZAR
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CN
Zijin Mining Group Co Ltd
SSE:601899
986B CNY
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US
Newmont Corporation
NYSE:NEM
126.8B USD
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AU
Greatland Gold PLC
ASX:GGP
170.9B AUD
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CA
Agnico Eagle Mines Ltd
TSX:AEM
134B CAD
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CA
Barrick Mining Corp
F:ABR0
67.5B EUR
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CA
Barrick Gold Corp
TSX:ABX
107.6B CAD
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HK
Zijin Gold International Co Ltd
HKEX:2259
565.7B HKD
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Market Distribution

Higher than 82% of companies in Canada
Percentile
82nd
Based on 4 108 companies
82nd percentile
63.7%
Low
-10 058.3% — 20.4%
Typical Range
20.4% — 50.5%
High
50.5% — 717.4%
Distribution Statistics
Canada
Min -10 058.3%
30th Percentile 20.4%
Median 33.6%
70th Percentile 50.5%
Max 717.4%

Thor Explorations Ltd
Glance View

Market Cap
1B CAD
Industry
Metals & Mining

Thor Explorations Ltd. is a mineral exploration company. The company is headquartered in Vancouver, British Columbia. The firm is engaged in the acquisition, exploration and development of mineral properties in West Africa. Its projects include Segilola Gold Project, Douta Project and Central Hounde Project. Its Segilola Gold Project is located in Osun State of Nigeria, approximately 120 kilometers (km) northeast of Lagos. The property consists of mining license ML41 and exploration license EL19066. The Douta Project is located in the southeast region of Senegal within the Kenieba inlier, proximal to the Main Transcurrent Shear Zone. The Central Hounde Project consists of three contiguous permits located within the Hounde belt, approximately 260 km south-west of the capital Ouagadougou, in western Burkina Faso.

THX Intrinsic Value
HIDDEN
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What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
63.7%
=
Gross Profit
$180m
/
Revenue
$282.4m
What is Thor Explorations Ltd's current Gross Margin?

The current Gross Margin for Thor Explorations Ltd is 63.7%, which is above its 3-year median of 44.8%.

How has Gross Margin changed over time?

Over the last 3 years, Thor Explorations Ltd’s Gross Margin has increased from 35.5% to 63.7%. During this period, it reached a low of 27.4% on Dec 31, 2023 and a high of 63.7% on Oct 30, 2025.

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