Thor Mining (LON:THR) - High price and hopes
Jan 14th 2013 - Edison Investment Research today published a report on Thor Mining (THR.L, LSE:THR, LON:THR) entitled "High Price And Hopes". In summary, the report says:
Jetrea is due to launch imminently in the US with a price 30% above prior guidance. The recent share price performance likely reflects expectations for premium pricing and with this now achieved, focus shifts to launch dynamics. Product launches can be difficult to forecast accurately, and the share price suggests high expectations. However, a positive EU recommendation in coming weeks is likely to provide near-term support.
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