Thor Mining Unsure Over Sydney Price Increase; London Follows Suit (ALLISS)

(Alliance News) - Thor Mining PLC on Thursday said it is unaware of any reason behind the sharp ...

Alliance News 13 June, 2019 | 11:19AM
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(Alliance News) - Thor Mining PLC on Thursday said it is unaware of any reason behind the sharp rise in the company's share price on the Australian Securities Exchange.

Thor released the statement following a request from the ASX.

On Thursday, the company's stock closed 20% higher in Sydney at AUD0.018 per share. Shares were 11% higher in London on Thursday morning at 0.83 pence.

Thor's projects include the Molyhil and Pilot Mountain tungsten projects, in Australia's Northern Territory and Nevada respectively, as well as the Kapunda copper mine in South Australia.

By George Collard; georgecollard@alliancenews.com

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar Rating
Thorpe (F W) PLC 320.00 GBX 0.00 -
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