Thor Explorations (TSXV:THX) Revenue: C$461.8 Mil (TTM As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:THX Thor Explorations Ltd TSXV:THX
44 GF Score
Price C$1.04
GF Value C$0.71
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Thor Explorations Revenue?

Thor Explorations TSXV:THX -1.89% 44 Revenue is C$461.8 Mil as of Mar. 2026. GuruFocus rates TSXV:THX with a GF Score™ of 44/100 and a GF Value™ of C$0.71 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Thor Explorations's revenue for the three months ended in Mar. 2026 was C$102.0 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2026 was C$461.8 Mil. Thor Explorations's Revenue per Share for the three months ended in Mar. 2026 was C$0.15. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was C$0.69.

During the past 12 months, the average Revenue per Share Growth Rate of Thor Explorations was 45.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was 25.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Thor Explorations's highest 3-Year average Revenue per Share Growth Rate was 226.30% per year. The lowest was 25.10% per year. And the median was 125.70% per year.


Thor Explorations  (TSXV:THX) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Thor Explorations Revenue Related Terms


Thor Explorations Revenue Historical Data

* Premium members only.

The historical data trend for Thor Explorations's Revenue 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 Revenue Chart

Thor Explorations Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.74 224.39 189.49 275.15 449.00

Thor Explorations Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Revenue 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 91.97 113.16 96.66 150.02 101.96

TSXV:THX vs NEM, AU: Revenue Comparison

For the Gold subindustry, Thor Explorations's Revenue, along with its competitors' market caps and Revenue 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 Revenue vs Metals & Mining Industry

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

* The bar in red indicates where Thor Explorations's Revenue falls into.


TSXV:THX
44GF Score
Thor Explorations Ltd TSXV:THX
Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
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Thor Explorations Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$461.8 Mil.

* 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 Revenue →
What does a Revenue of C$461.8 Mil mean?
Thor Explorations (TSXV:THX) has a Revenue of C$461.8 Mil as of Mar. 2026. Revenue is the total amount a company generates as sales through its operations. View historical data on Thor Explorations and its competitors.
Is Thor Explorations' Revenue too high?
Thor Explorations' current Revenue is C$461.8 Mil. Overall, Thor Explorations has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thor Explorations' Revenue compare to NEM and AU?
Thor Explorations' Revenue of C$461.8 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Revenue for a Metals & Mining company?
A good Revenue depends on the Metals & Mining industry context. However, Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Revenue mean?
A high Revenue can signal that a stock is expensive relative to its fundamentals. Revenue is the total amount a company generates as sales through its operations. View historical data on Thor Explorations and its competitors. Thor Explorations's current Revenue is C$461.8 Mil. 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$1.04 — trading 46.5% above its estimated fair value. The current Revenue is C$461.8 Mil. Thor Explorations' overall GF Score™ is 44/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Revenue calculated?
Revenue is calculated from a company's financial statements. For Thor Explorations (TSXV:THX), the current Revenue is C$461.8 Mil 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$1.04 is trading 46.5% above its estimated GF Value™ of C$0.71. GuruFocus considers Thor Explorations to be Significantly Overvalued.

Key valuation signals for TSXV:THX:

  • Revenue: C$461.8 Mil
  • GF Value™: C$0.71 vs. price of C$1.04 (46.5% above fair value)
  • GF Score™: 44/100 with 1 warning sign

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.
44GF Score

Get the complete analysis for TSXV:THX

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

C$1.04
Price
C$0.71
GF Value