Thunder Mountain Gold Inc. (OTCMKTS:THMG) Sees Significant Increase in Short Interest

Thunder Mountain Gold Inc. (OTCMKTS:THMG) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 1,231 shares, a growth of 1,918.0% from the April 15th total of 61 shares. Based on an average daily volume of 149,991 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Thunder Mountain Gold Price Performance

Thunder Mountain Gold stock opened at $0.75 on Tuesday. The firm has a 50 day moving average price of $0.79 and a 200 day moving average price of $0.75. The company has a market capitalization of $69.95 million, a PE ratio of -18.75 and a beta of 0.47. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.86 and a current ratio of 1.86. Thunder Mountain Gold has a fifty-two week low of $0.14 and a fifty-two week high of $1.01.

Thunder Mountain Gold (OTCMKTS:THMG) last posted its quarterly earnings results on Tuesday, March 31st. The basic materials company reported ($0.01) EPS for the quarter.

About Thunder Mountain Gold

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.