Thor Explorations Ltd. (THXPF)
OTC PINK OTC PINK Primary Summary
Thor Explorations third quarter boosted amid higher production
Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) has reported higher production and stronger financial results for the third quarter of 2025, supported by improved throughput at its Segilola gold mine in Nigeria. The company said it sold 19,650 ounces of gold at an average price of $3,535 per ounce, generating revenue of $69.9 million and a net profit of $43.1 million.
Thor Explorations stays on track as Q3 gold output hits 22,600 oz
Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) reported steady third-quarter production at its Segilola gold mine in Nigeria and reaffirmed its full-year guidance, as it prepares to pay its next quarterly dividend. For the three months to September 30, the London- and Toronto-listed miner poured 22,617 ounces of gold and sold 19,650 ounces at an average price of US$3,535 an ounce, generating US$69.5 million in revenue.
Thor Explorations shares rise on latest upbeat results from Guitry gold project
Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) shares climbed in Monday morning's trade, after announcing final drilling results from its maiden campaign at the Guitry gold project, in Côte d'Ivoire, where it sees several significant gold intersections. The explorer also confirmed mineralisation remains open along strike and at depth.
Thor Explorations Ltd. (THXPF) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Thor Explorations Ltd. ever had a stock split?
Thor Explorations Ltd. Profile
| Metals & Mining Industry | Materials Sector | Mr. Olusegun Lawson BSc, MBA CEO | OTC PINK Exchange | CA8851491040 ISIN |
| CA Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Thor Explorations Ltd. is a mining company that specializes in the production and exploration of gold and silver deposits. With its origins dating back to 1968, the company has established a significant presence in the mining industry. Based in Vancouver, Canada, Thor Explorations focuses on leveraging its expertise and technologies to explore mineral-rich territories, primarily targeting its operations in Nigeria. The flagship project of Thor Explorations, the Segilola Gold Project, marks a significant focus on gold mining, distinguishing the company as a key player in the global gold mining sector. Through its dedicated subsidiaries, Thor Explorations Ltd. ensures a comprehensive approach to mining, encompassing exploration, development, and production activities.
Products and Services
- Gold Production
Thor Explorations Ltd. mainly focuses on the extraction and production of gold, a core aspect of its mining operations. The company utilizes state-of-the-art mining and extraction technologies to tap into the gold reserves at the Segilola Gold Project in Nigeria. This project stands as the pinnacle of Thor Explorations' gold mining endeavors, showcasing the company's capacity to contribute significantly to the global gold market.
- Gold Exploration
In addition to its production activities, Thor Explorations is deeply involved in the exploration of new gold deposits. By leveraging advanced geological surveying techniques and exploration methodologies, the company aims to discover new gold reserves and extend its mining prospects. This constant pursuit of exploration keeps Thor Explorations at the forefront of uncovering the substantial untapped potential in gold mining across its operational regions.
- Silver Production and Exploration
Though primarily focused on gold, Thor Explorations Ltd. also engages in the production and exploration of silver deposits. While silver plays a secondary role in the company's portfolio, it represents an important diversification of its mining operations. This involves both the extraction of silver from established deposits and the exploration for new silver regions, aligning with the company's broader strategy to optimize its asset base and market offerings.
Contact Information
