Thor Competitors

THXPF Stock

USD 1.08 -0.03 -2.70%

The company classifies itself in the Gold industry (Basic Materials sector). Thor Explorations operates alongside Rusoro Mining, Orezone Gold, Omai Gold, Mako Mining, and Metals X and other firms in the same space. The peer set adds context for comparison. This peer module benchmarks Thor Explorations across key technical and fundamental signals.

Thor Explorations and St Barbara Correlation Summary

Very poor diversification

For the present investment horizon, the measured correlation between THXPF and STBMF stands at 0.84, or Very poor diversification. The cleaner interpretation is to review correlation beside volatility, expected return, and the role each holding plays in the portfolio.

Moving together with Thor Pink Sheet

0.89	NEM	Newmont Goldcorp Corp	Pair Corr
0.82	AEM	Agnico Eagle Mines	Pair Corr
0.89	WPM	Wheaton Precious Metals	Pair Corr
0.84	AU	AngloGold Ashanti plc	Pair Corr
0.84	ZIJMY	Zijin Mining Group	Pair Corr

Moving against Thor Pink Sheet

0.56

AXP

American Express

Pair Corr

Specify up to 10 symbols:

The mean reversion framework for Thor Explorations is built on the premise that markets are not perfectly efficient and that prices periodically overshoot their intrinsic value in both directions.

Hype

Prediction

Low	Estimated	High
0.05	1.08	5.32

Details

Intrinsic

Valuation

Low	Real	High
0.05	1.10	5.34

Details

Naive

Forecast

Low	Next	High
0.02	1.13	5.37

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
1.06	1.14	1.23

Details

Investors analyzing Thor Explorations should position it within its competitive landscape. Superior peer-relative performance is one of the strongest justifications for a valuation premium.

Thor Explorations Competition Correlation Matrix

Correlation analysis between Thor Explorations and its competitors helps investors understand whether diversification is real or only superficial inside the same peer group. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.

	RMLFF	ORZCF	PROBF	OMGGF	MAKOF	MLXEF	BLNMF	SGLFF	STPGF	STBMF
RMLFF		0.57	0.45	0.39	0.5	0.48	0.0	0.39	0.3	0.37	RMLFF
ORZCF	0.57		0.62	0.88	0.92	0.84	0.0	0.81	0.34	0.82	ORZCF
PROBF	0.45	0.62		0.53	0.56	0.71	0.0	0.64	0.25	0.63	PROBF
OMGGF	0.39	0.88	0.53		0.94	0.88	0.0	0.87	0.04	0.84	OMGGF
MAKOF	0.5	0.92	0.56	0.94		0.93	0.0	0.83	0.07	0.9	MAKOF
MLXEF	0.48	0.84	0.71	0.88	0.93		0.0	0.85	0.06	0.89	MLXEF
BLNMF	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	BLNMF
SGLFF	0.39	0.81	0.64	0.87	0.83	0.85	0.0		0.07	0.79	SGLFF
STPGF	0.3	0.34	0.25	0.04	0.07	0.06	0.0	0.07		0.08	STPGF
STBMF	0.37	0.82	0.63	0.84	0.9	0.89	0.0	0.79	0.08		STBMF
	RMLFF	ORZCF	PROBF	OMGGF	MAKOF	MLXEF	BLNMF	SGLFF	STPGF	STBMF

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High positive correlations

MAKOF	+ 0.94	OMGGF
MLXEF	+ 0.93	MAKOF
MAKOF	+ 0.92	ORZCF
STBMF	+ 0.9	MAKOF
STBMF	+ 0.89	MLXEF
OMGGF	+ 0.88	ORZCF

High negative correlations

STBMF	- 0.0	BLNMF
STPGF	- 0.0	BLNMF
SGLFF	- 0.0	BLNMF
BLNMF	- 0.0	MLXEF
BLNMF	- 0.0	MAKOF
BLNMF	- 0.0	OMGGF

Risk-Adjusted Indicators

There is a big difference between Thor Pink Sheet performing well and Thor Explorations Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Thor Explorations' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
RMLFF	2.56	0.23	0.07	0.35	2.59	-4.05	6.25	-4.82	24.85
ORZCF	3.78	0.72	0.12	0.31	4.79	-4.20	8.33	-9.79	27.68
PROBF	1.41	0.47	0.26	2.03	1.02	-2.28	1.54	-2.25	40.87
OMGGF	3.11	0.87	0.20	0.38	2.93	-4.08	9.35	-5.26	19.31
MAKOF	2.27	0.48	0.15	0.27	2.66	-2.55	5.28	-5.01	13.16
MLXEF	2.92	0.73	0.17	0.67	3.31	-3.61	7.06	-5.97	18.27
BLNMF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SGLFF	2.32	0.67	0.00	-1.12	0.00	0.00	9.76	0.00	33.12
STPGF	3.18	-0.15	0.00	0.14	0.00	0.00	6.52	-7.79	24.13
STBMF	3.56	0.80	0.12	-1.01	3.31	-8.67	12.00	-9.09	27.84

Thor Explorations Competitive Analysis

Thor Explorations' competitive standing becomes clearer when measured alongside Rusoro Mining, Orezone Gold, and Probe Metals. With 7.8 M in revenue and a 143.9 M market value, Thor Explorations anchors one end of the peer spectrum. Profitability stands at a 10.38% net margin with return on equity reaching 21.36%. Thor Explorations dwarfs Rusoro Mining on market cap at 143.9 M versus 31.7 M. Return on equity favors Thor Explorations at 21.36%, well ahead of Orezone Gold at -11.74%. On equity returns, Thor Explorations earns 21.36% compared to -100.14% at Probe Metals.

Better Than Average

Worse Than Peers

View Performance Chart

	THXPF	RMLFF	ORZCF	PROBF	OMGGF	MAKOF	MLXEF	SGLFF	STPGF	STBMF
	2.70 1.08 Thor	4.65 0.82 Rusoro	4.05 1.66 Orezone	1.15 2.65 Probe	4.73 1.41 Omai	3.74 7.20 Mako	2.20 0.93 Metals	0.00 4.85 SGL	3.45 1.12 Steppe	3.85 0.54 STBMF
Market Volatility (90 Days Market Risk)	High	Extreme	High	Stable	High	Stable	Extreme	Stable	Extreme	Stable
Market Performance (90 Days Performance)	Contained	Moderate	Moderate	Weak	Moderate	Moderate	Balanced	Moderate	Weak	Balanced
Odds of Financial Distress (Probability Of Bankruptcy)	Fair	High	Small	Hazard	Low	Small	Low	Low	High	Small
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Over Valued	Over Valued	Fairly Valued	Over Valued	Over Valued	Over Valued	Over Valued
Buy or Sell Analysis (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Hold	Hold	Cautious Hold	Not Rated	Strong Hold	Strong Hold	Hold	Hold	Strong Sell	Strong Sell
Current Ratio	0.39	N/A	0.68	10.18	1.82	0.51	7.0	2.53	1.09	2.18
Net Asset	263.22 M	18.65 K	140.5 M	34.88 M	7.8 M	54.12 M	351.68 M	1.38 B	146.28 M	1.6 B
Profit Margin	0.1	N/A	N/A	N/A	N/A	-0.15	0.8	0.0925	-0.27	-0.24
EBITDA	-2.42 M	-1.02 M	-18.43 M	-11.86 M	-6.96 M	16.55 M	139.17 M	181.2 M	8.37 M	-31.51 M
Operating Margin	0.12	N/A	N/A	N/A	N/A	-0.0866	0.55	0.0501	0.24	-0.28
Current Valuation	146.12 M	64.2 M	412.69 M	110.08 M	9.65 M	70.92 M	97.86 M	1.15 B	94.95 M	409.2 M
Price To Book	1.97	N/A	4.22	5.64	2.82	3.97	0.9	1.52	4.74	0.44
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	-46 M	-1.07 B	N/A	-31.53 M
Current Asset	N/A	N/A	N/A	N/A	N/A	N/A	113 M	1.05 B	N/A	2.14 M
Beta	1.34	0.45	0.76	1.39	1.55	0.33	1.27	1.66	1.1	0.97
Number Of Employees	5	13	178	4	5	12	25	4.75 K	19	19
Shares Outstanding	643.73 M	564.91 M	334.62 M	151.41 M	377.84 M	657.23 M	907.27 M	122.27 M	70.09 M	816.54 M
Cash Flow From Operations	-22.36 M	-310	-5.94 M	-12.94 M	-6.15 M	137 K	150 M	114.4 M	-7.04 M	87.66 M
Annual Yield	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.0474
Total Debt	32.75 M	35.86 M	45.83 M	341.47 K	295 K	17.38 M	3.56 M	413.7 M	38.99 M	139.2 M
Return On Equity	0.21	N/A	-0.12	-1.0	-1.47	-0.49	0.79	0.23	-0.54	-0.14
Z Score	2.4	N/A	4.2	N/A	40.2	3.0	38.4	1.2	0.6	1.8
Return On Asset	0.0545	-94.01	-0.0539	-0.61	-0.59	-0.0627	0.3	0.0246	0.0602	-0.0736
Book Value Per Share	0.1	-0.25	0.22	0.22	0.014	0.022	0.34	4.65	0.16	1.36
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	101 M	409 M	N/A	3.27 M
Total Asset	263.22 M	18.65 K	140.5 M	34.88 M	7.8 M	54.12 M	351.68 M	1.38 B	146.28 M	1.6 B
Debt To Equity	0.91	N/A	1.6	0.008	0.054	0.78	0.011	0.83	N/A	0.15
Target Price	N/A	N/A	N/A	N/A	N/A	N/A	N/A	11.36	N/A	N/A
Shares Owned By Institutions	28.38	N/A	30.62	24.46	5.88	56.53	32.26	11.53	6.41	51.08
Market Capitalization	143.94 M	31.72 M	329.7 M	158.23 M	19.99 M	99.64 M	230.45 M	1.14 B	53.97 M	419.78 M
Price To Earning	15.0	-5.45	-8.57	-9.45	N/A	50.5	1.36	8.87	30.14	2.23
Price To Earnings To Growth	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.48	N/A	N/A
Price To Sales	0.89	N/A	N/A	N/A	N/A	0.94	0.78	0.85	1.03	0.63
Net Income	-2.51 M	-14.19 M	-18.57 M	-12.77 M	-7.25 M	9.12 M	183.89 M	75.4 M	-22.62 M	-160.82 M
Earnings Per Share	0.01	-0.037	-0.063	-0.11	-0.028	0.002	0.14	0.9	-0.43	-0.2
Shares Owned By Insiders	9.61	53.56	3.38	15.7	13.44	2.12	12.79	54.22	28.78	3.13
Revenue	7.82 M	N/A	N/A	N/A	N/A	30.93 M	228.88 M	1.01 B	24.05 M	680.35 M
Working Capital	N/A	N/A	N/A	N/A	N/A	N/A	12 M	638 M	N/A	-1.13 M
Cash And Equivalents	5.06 M	4.97 K	23.56 M	43.81 M	2.17 M	2.49 M	122.25 M	185.3 M	1.94 M	98.51 M
Cash Per Share	0.01	N/A	0.07	0.29	0.01	N/A	0.14	1.51	0.03	0.12
Gross Profit	N/A	N/A	N/A	N/A	N/A	17.14 M	130.58 M	210.3 M	9.65 M	240.3 M
Day Typical Price	1.09	0.82	1.66	2.64	1.42	7.29	0.93	4.85	1.12	0.53
Accumulation Distribution	108.51	1262.98	122.16	0.0113	1751.72	253.48	N/A	N/A	N/A	0.0556
Market Facilitation Index	0.0	N/A	0.0	0.03	0.0	0.0	N/A	N/A	N/A	0.03
Daily Balance Of Power	-1.00	-4.00	-2.33	1.0	-1.75	-1.08	9.2 T	0.0	0	0.6667
Period Momentum Indicator	-0.03	-0.04	-0.07	0.03	-0.07	-0.28	0.02	N/A	-0.04	0.02
Rate Of Daily Change	0.97	0.95	0.96	1.01	0.95	0.96	1.02	1.0	0.97	1.04
Day Median Price	1.1	0.83	1.65	2.64	1.43	7.33	0.93	4.85	1.12	0.53
Price Action Indicator	-0.03	-0.03	-0.03	0.03	-0.06	-0.27	0.01	N/A	-0.02	0.025
Relative Strength Index	48.46	52.86	48.81	71.04	51.9	49.66	55.14	56.48	39.22	56.5
Coefficient Of Variation	1041.14	1891.7	807.41	1043.12	532.97	706.55	552.54	678.96	-4,377	652.2
Mean Deviation	3.1	2.56	3.78	1.41	3.11	2.27	2.92	2.32	3.18	3.56
Jensen Alpha	0.4666	0.2271	0.7213	0.4735	0.8721	0.4809	0.7253	0.6667	-0.15	0.8006
Total Risk Alpha	0.6323	0.4378	0.9321	0.7584	1.03	0.5872	0.9051	0.984	0.1559	1.17
Sortino Ratio	0.0931	0.0732	0.1219	0.2607	0.2048	0.148	0.1679	N/A	N/A	0.1212
Downside Variance	21.62	11.44	30.43	3.83	16.11	9.54	18.66	N/A	N/A	53.76
Standard Deviation	4.12	3.97	5.12	4.93	4.18	2.96	3.8	4.8	4.47	5.55
Kurtosis	0.9318	5.28	1.01	57.47	0.3947	-0.03	0.1029	6.99	1.52	1.63
Potential Upside	6.84	6.25	8.33	1.54	9.35	5.28	7.06	9.76	6.52	12.0
Treynor Ratio	0.2265	0.3488	0.3087	2.03	0.3781	0.2734	0.6739	-1.12	0.144	-1.01
Maximum Drawdown	21.33	24.85	27.68	40.87	19.31	13.16	18.27	33.12	24.13	27.84
Variance	16.94	15.74	26.26	24.31	17.47	8.78	14.42	23.0	19.95	30.77
Market Risk Adjusted Performance	0.2365	0.3588	0.3187	2.04	0.3881	0.2834	0.6839	-1.11	0.154	-1.00
Risk Adjusted Performance	0.0845	0.0501	0.1071	0.0847	0.1575	0.12	0.152	0.1256	-0.01	0.1306
Skewness	-0.56	1.67	-0.01	7.28	0.3916	-0.25	-0.22	0.4785	-0.47	0.7416
Semi Deviation	4.0	2.59	4.79	1.02	2.93	2.66	3.31	N/A	N/A	3.31
Information Ratio	0.1052	0.0624	0.1312	0.1035	0.1967	0.1543	0.1909	0.1552	-0.01	0.1601
Value At Risk	-6.67	-4.82	-9.79	-2.25	-5.26	-5.01	-5.97	N/A	-7.79	-9.09
Expected Short fall	-3.59	-4.05	-4.20	-2.28	-4.08	-2.55	-3.61	N/A	N/A	-8.67
Downside Deviation	4.65	3.38	5.52	1.96	4.01	3.09	4.32	N/A	N/A	7.33
Semi Variance	15.97	6.7	22.91	1.05	8.57	7.09	10.95	N/A	N/A	10.96

Peer Performance Charts

How to Analyze Thor Explorations Against Peers

Thor Explorations' peer analysis compares Thor Explorations with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:

Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
Check valuation dispersion: Review whether Thor Explorations trades at a premium or discount versus peers and why.
Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
Document the thesis: Record where Thor Explorations leads or lags and what catalysts could close or widen the gap.

Use this as an educational baseline, then validate conclusions with current filings, market conditions, and portfolio objectives.

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Thor Competitors

Thor Explorations and St Barbara Correlation Summary

Very poor diversification

Moving together with Thor Pink Sheet

Moving against Thor Pink Sheet

Specify up to 10 symbols:

Thor Explorations Competition Correlation Matrix

High positive correlations

High negative correlations

Risk-Adjusted Indicators

Thor Explorations Competitive Analysis

Peer Performance Charts

How to Analyze Thor Explorations Against Peers

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