Thunder Mountain Gold (OTCMKTS:THMG) Announces Earnings Results

Thunder Mountain Gold (OTCMKTS:THMG) posted its quarterly earnings data on Thursday. The basic materials company reported ($0.02) earnings per share (EPS) for the quarter, Zacks reports.

Thunder Mountain Gold Price Performance

Shares of THMG remained flat at $0.62 during mid-day trading on Friday. 12,979 shares of the stock traded hands, compared to its average volume of 10,467. 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 has a 12 month low of $0.49 and a 12 month high of $1.10. The stock has a 50 day moving average of $0.79 and a 200-day moving average of $0.80. The stock has a market capitalization of $57.82 million, a price-to-earnings ratio of -15.50 and a beta of 0.54.

About Thunder Mountain Gold

Thunder Mountain Gold, Inc. is a mineral exploration and development company focused on the acquisition, evaluation and advancement of precious- and base-metal properties. The company’s activities include geological exploration, resource evaluation, permitting and project development rather than the production or sale of finished metals. The company’s principal asset is the South Mountain Project in southwestern Idaho, an exploration property with a history of mining and mineralization. The project contains gold, silver, copper, lead and zinc occurrences, and Thunder Mountain Gold has focused its efforts on assessing the property’s development potential through drilling, engineering and related technical work.