Great Thunder Gold (CVE:GTG) Stock Jumps 5.5% – Time to Buy?

Great Thunder Gold Corp (CVE:GTG – Get Free Report)’s share price traded up 5.5% on Wednesday. The company traded as high as C$0.48 and last traded at C$0.48. Approximately 55,000 shares changed hands during trading, a decline of 60% from the average daily volume of 138,894 shares. The stock had previously closed at C$0.46.

Great Thunder Gold Trading Up 5.5%

The business has a 50 day simple moving average of C$0.48 and a two-hundred day simple moving average of C$0.48. The company has a current ratio of 0.13, a quick ratio of 0.11 and a debt-to-equity ratio of 9.75. The company has a market cap of C$11.17 million and a PE ratio of -21.82.

About Great Thunder Gold

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Great Thunder Gold Corp., an exploration stage company, engages in the exploration and development of mineral properties in Canada. The company owns a 100% interest in the Valentine Mountain property that consists of 25 mineral claims covering an area of approximately 7,188 hectares and 2 overlying placer claims covering 43 hectares in British Columbia. It also holds interests in the Chubb & Bouvier property comprising 53 mineral claims covering approximately 2,200 hectares; the Urban Thunder property that consists of 20 mineral claims covering approximately 1,127 hectares; and the Nemaska Lake property comprising 4 mineral claims covering approximately 213 hectares in Quebec.

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