THOR EXPL. LTD (NEW)

Thor Explorations posted record revenue of $151m and a net profit of $95.5m in H1 2026, supported by stable production at the Segilola mine, high margins and an adjusted net cash position of $218.6m. Q2 operating metrics remained steady with about 19,000 ounces of gold poured, a 93.3% recovery rate and an unchanged 2026 production guidance of 75,000–85,000 ounces. Management is targeting a final investment decision on the Douta project in Senegal in Q3 2026 and is emphasising underground drilling to extend Segilola’s life; however, investors continue to view country and project risks as valuation headwinds. » Mere på de.investing.com

Thor Explorations reported Q1 2026 revenue rising to USD 74m (+15.6% y/y), production of over 20,000 ounces of gold and All-in Sustaining Costs below USD 1,000 per ounce. The company is debt-free and shows an adjusted net cash position of USD 177.8m. Management plans a quarterly dividend of USD 0.0125 per share and is focusing on the transition to underground mining at Segilola and the further development of the Douta project. » Mere på de.investing.com

Thor Explorations reported record revenue of $108.75 million for Q4 2025 with EPS of $0.11. Cash balance rose to $154 million in Q1 2026, with a target of just under $200 million by year-end. Annual production was about 92,000 ounces of gold; the 2026 guidance is 75,000–85,000 ounces. The stock briefly rose 9.22% after the results but later fell 3.25% and closed at $1.49. » Mere på de.investing.com