Thunder Mountain Gold Inc. (OTCMKTS:THMG) Short Interest Update

by · The Markets Daily

Thunder Mountain Gold Inc. (OTCMKTS:THMG – Get Free Report) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 2,538 shares, an increase of 99.1% from the August 31st total of 1,275 shares. Based on an average daily volume of 16,388 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Thunder Mountain Gold Stock Up 7.5%

OTCMKTS:THMG traded up $0.06 during mid-day trading on Wednesday, hitting $0.86. 850 shares of the company’s stock traded hands, compared to its average volume of 40,036. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.73 and a current ratio of 0.73. The company has a market capitalization of $80.20 million, a P/E ratio of -21.50 and a beta of 0.49. The company has a fifty day moving average of $0.87 and a 200 day moving average of $0.80. Thunder Mountain Gold has a twelve month low of $0.32 and a twelve month high of $1.10.

Thunder Mountain Gold (OTCMKTS:THMG – Get Free Report) last announced its quarterly earnings data on Friday, August 14th. The basic materials company reported ($0.01) EPS for the quarter.

About Thunder Mountain Gold

(Get Free Report)

Thunder Mountain Gold Inc is a mineral exploration company focused on the acquisition, evaluation and development of mineral properties in the United States. The company is engaged primarily in exploration-stage activities rather than the production and sale of metals.

Its principal asset is the South Mountain Project in Owyhee County, Idaho. The project is a polymetallic exploration property with identified potential for gold, silver, copper, lead and zinc mineralization. Thunder Mountain Gold’s activities may include geological mapping, drilling, sampling, permitting and other work intended to evaluate the project’s resource potential.

The company’s operations are focused on the western United States, and its shares trade over the counter under the symbol THMG.

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