Thunder Mountain Gold (OTCMKTS:THMG) Share Price Passes Above 200-Day Moving Average – Should You Sell?

Thunder Mountain Gold Inc. (OTCMKTS:THMGGet Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.79 and traded as high as $0.84. Thunder Mountain Gold shares last traded at $0.8066, with a volume of 29,999 shares trading hands.

Thunder Mountain Gold Price Performance

The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $75.54 million, a price-to-earnings ratio of -20.25 and a beta of 0.46. The company has a fifty day moving average price of $0.77 and a two-hundred day moving average price of $0.79.

Thunder Mountain Gold (OTCMKTS:THMGGet Free Report) last released its quarterly earnings results on Tuesday, May 12th. The basic materials company reported ($0.01) EPS for the quarter.

About Thunder Mountain Gold

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Thunder Mountain Gold, Inc explores for and develops mining properties in Nevada and Idaho, the United States. It explores for zinc, silver, gold, and copper deposits, as well as base metals and other commodities. The company holds interests in the South Mountain property that includes 18 patented mining claims covering an area of approximately 346 acres; 36 acres of private land; 21 unpatented mining lode claims covering an area of approximately 290 acres; leased private land covering approximately 489 acres; and private land not contiguous with the mining claims covering an area of 360 acres located in the South Mountain Mining District, Owyhee County, Idaho.

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