Short Interest in Thunder Mountain Gold Inc. (OTCMKTS:THMG) Declines By 62.8%

Thunder Mountain Gold Inc. (OTCMKTS:THMGGet Free Report) was the recipient of a large drop in short interest in August. As of August 14th, there was short interest totaling 11,744 shares, a drop of 62.8% from the July 30th total of 31,533 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 94,467 shares, the days-to-cover ratio is currently 0.1 days.

Thunder Mountain Gold Stock Up 1.3%

Shares of THMG stock opened at $0.89 on Friday. Thunder Mountain Gold has a 1 year low of $0.23 and a 1 year high of $1.10. The stock has a market cap of $83.35 million, a PE ratio of -22.34 and a beta of 0.47. The business’s fifty day moving average is $0.83 and its 200-day moving average is $0.80. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.73 and a current ratio of 0.73.

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

Thunder Mountain Gold Company Profile

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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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