Thor Explorations Stock Market Capitalization

THX Stock  CAD 0.31  0.01  3.33%   
Thor Explorations fundamentals help investors to digest information that contributes to Thor Explorations' financial success or failures. It also enables traders to predict the movement of Thor Stock. The fundamental analysis module provides a way to measure Thor Explorations' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Thor Explorations stock.
Last ReportedProjected for Next Year
Market Cap117.7 M123.6 M
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Thor Explorations Company Market Capitalization Analysis

Thor Explorations' Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

Market Cap

 = 

Shares Outstanding

X

Share Price

More About Market Capitalization | All Equity Analysis

Current Thor Explorations Market Capitalization

    
  200.11 M  
Most of Thor Explorations' fundamental indicators, such as Market Capitalization, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Thor Explorations is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Thor Market Capitalization Driver Correlations

Understanding the fundamental principles of building solid financial models for Thor Explorations is extremely important. It helps to project a fair market value of Thor Stock properly, considering its historical fundamentals such as Market Capitalization. Since Thor Explorations' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Thor Explorations' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Thor Explorations' interrelated accounts and indicators.
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Competition

Thor Long Term Debt To Capitalization

Long Term Debt To Capitalization

0.003317

At this time, Thor Explorations' Long Term Debt To Capitalization is fairly stable compared to the past year.
Based on the recorded statements, the market capitalization of Thor Explorations is about 200.11 M. This is 97.88% lower than that of the Metals & Mining sector and 93.81% lower than that of the Materials industry. The market capitalization for all Canada stocks is 98.95% higher than that of the company.

Thor Market Capitalization Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Thor Explorations' direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Thor Explorations could also be used in its relative valuation, which is a method of valuing Thor Explorations by comparing valuation metrics of similar companies.
Thor Explorations is currently under evaluation in market capitalization category among its peers.

Thor Explorations Current Valuation Drivers

We derive many important indicators used in calculating different scores of Thor Explorations from analyzing Thor Explorations' financial statements. These drivers represent accounts that assess Thor Explorations' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Thor Explorations' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap56.5M98.9M150.1M118.4M117.7M123.6M
Enterprise Value51.2M91.3M240.0M155.3M122.2M128.4M

Thor Fundamentals

About Thor Explorations Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Thor Explorations's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thor Explorations using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thor Explorations based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Thor Stock Analysis

When running Thor Explorations' price analysis, check to measure Thor Explorations' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thor Explorations is operating at the current time. Most of Thor Explorations' value examination focuses on studying past and present price action to predict the probability of Thor Explorations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thor Explorations' price. Additionally, you may evaluate how the addition of Thor Explorations to your portfolios can decrease your overall portfolio volatility.