Thor Explorations (TSXV:THX) EBITDA Margin %: 77.89% (As of Mar. 2026) — 52% Above Median


TSXV:THX Thor Explorations Ltd TSXV:THX
43 GF Score
Price C$1.05
GF Value C$0.71
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Thor Explorations EBITDA Margin %?

Thor Explorations TSXV:THX -1.87% 43 EBITDA Margin % is 77.89% as of Mar. 2026, which is 52% above its 10-year median of 51.37. GuruFocus rates TSXV:THX with a GF Score™ of 43/100 and a GF Value™ of C$0.71 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 841 Metals & Mining companies, Thor Explorations ranks better than 95.12% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Thor Explorations's EBITDA for the three months ended in Mar. 2026 was C$79.4 Mil. Thor Explorations's Revenue for the three months ended in Mar. 2026 was C$102.0 Mil. Therefore, Thor Explorations's EBITDA margin for the quarter that ended in Mar. 2026 was 77.89%.


Thor Explorations  (TSXV:THX) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Thor Explorations EBITDA Margin % Related Terms


Thor Explorations EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Thor Explorations's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Thor Explorations EBITDA Margin % Chart

Thor Explorations Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -32.25 51.37 33.23 61.82 73.54

Thor Explorations Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 68.05 72.94 74.40 76.67 77.89

TSXV:THX vs NEM, AU: EBITDA Margin % Comparison

For the Gold subindustry, Thor Explorations's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Thor Explorations EBITDA Margin % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Thor Explorations's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Thor Explorations's EBITDA Margin % falls into.


TSXV:THX
43GF Score
Thor Explorations Ltd TSXV:THX
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thor Explorations EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Thor Explorations's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=330.196/449
=73.54 %

Thor Explorations's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=79.415/101.963
=77.89 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 77.89% mean?
Thor Explorations (TSXV:THX) has a EBITDA Margin % of 77.89% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Thor Explorations and its competitors. This is 52% above median its historical median of 51.37. According to the industry distribution chart, Thor Explorations ranks #41 out of 841 companies in the Metals & Mining industry, placing it in the top 4.9%.
Is Thor Explorations' EBITDA Margin % too high?
Thor Explorations' current EBITDA Margin % of 77.89% is 52% above median its 10-year median of 51.37. The Metals & Mining industry median EBITDA Margin % is 9.19. Thor Explorations' value of 77.89% is 747.6% above this industry median. Based on the distribution chart, Thor Explorations ranks #41 out of 841 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Thor Explorations has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thor Explorations' EBITDA Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Thor Explorations ranks #41 out of 841 companies for EBITDA Margin %. This places Thor Explorations in the top 5% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 9.19. Thor Explorations' value of 77.89% is 747.6% above this benchmark. While the company's 10-year median is 51.37 vs. the industry median of 9.19, Thor Explorations has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Metals & Mining company?
The median EBITDA Margin % among Metals & Mining companies is 9.19, based on 841 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thor Explorations's current EBITDA Margin % of 77.89% is 747.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Thor Explorations and its competitors. For the Metals & Mining industry, the median EBITDA Margin % is 9.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thor Explorations's current EBITDA Margin % is 77.89%, which is 52% above median its own 10-year median of 51.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thor Explorations stock overvalued right now?
Based on GuruFocus' analysis, Thor Explorations (TSXV:THX) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.71, compared to a current price of C$1.05 — trading 47.9% above its estimated fair value. The current EBITDA Margin % is 77.89%, which is 52% above median its 10-year median of 51.37 and 747.6% above the Metals & Mining industry median of 9.19. Thor Explorations' overall GF Score™ is 43/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Thor Explorations (TSXV:THX), the current EBITDA Margin % is 77.89% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Thor Explorations (TSXV:THX) Overvalued in 2026?

Based on GuruFocus' analysis, Thor Explorations stock appears to be overvalued. The current stock price of C$1.05 is trading 47.9% above its estimated GF Value™ of C$0.71. GuruFocus considers Thor Explorations to be Significantly Overvalued.

Key valuation signals for TSXV:THX:

  • EBITDA Margin %: 77.89% (52% above median its 10-year median of 51.37)
  • GF Value™: C$0.71 vs. price of C$1.05 (47.9% above fair value)
  • GF Score™: 43/100 with 1 warning sign
  • Industry Position: 747.6% above the Metals & Mining median (#41 of 841)

No single metric tells the full story. See the TSXV:THX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thor Explorations Business Description

Other Exchanges THXPF:USATHX:UKT2X:Germany
Address 119 West Pender Street, No. 404, Vancouver, BC, CAN, V6B 1S5
Thor Explorations Ltd is a Canadian mineral exploration company engaged in the acquisition, exploration, development, and production of mineral properties located in Nigeria, Senegal, and Cote d'Ivoire. Its project portfolio includes the Segilola Gold Project located in Osun State, Nigeria; the Douta Gold Project located in south-eastern Senegal; and the Guitry Gold Project Cote d'Ivoire. Additionally, the company has entered into two further option agreements to earn the majority interest in the Marahui and Boundiali Exploration licences. Thor Explorations derives revenue mainly from the sale of gold and silver, of which substantial revenue is generated from gold. The company's operations comprise three reportable segments: the Segilola Mine Project, Exploration Projects, and Corporate.
43GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$1.05
Price
C$0.71
GF Value