Thor Mining Plc is a mineral exploration and development company, which engages in the exploration for and potential development of tungsten deposits and exploration for, and potential development of, gold projects. It operates through the following geographical segments: Australia and the United States. The company was founded on November 3, 2004 and is headquartered in Marleston, Australia.
Comparing the value of the Australian share market as a whole with global indices can be a dangerous and futile exercise. After all, most investors are individual stock-pickers not index huggers. However, once you recognise exactly how top-heavy the ASX is compared to the US and other global markets, you’ll sit up and take notice when analysts have concerns over valuations.