Thunder Mountain Gold Inc. (OTCMKTS:THMG) Short Interest Down 89.1% in August

Thunder Mountain Gold Inc. (OTCMKTS:THMG) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 1,275 shares, a decrease of 89.1% from the August 15th total of 11,744 shares. Based on an average trading volume of 44,123 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Thunder Mountain Gold Stock Performance

Thunder Mountain Gold stock traded up $0.02 during midday trading on Thursday, hitting $0.87. The company’s stock had a trading volume of 23,767 shares, compared to its average volume of 42,320. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.73 and a quick ratio of 0.73. The company has a market cap of $81.29 million, a price-to-earnings ratio of -21.79 and a beta of 0.49. Thunder Mountain Gold has a 1-year low of $0.23 and a 1-year high of $1.10. The company has a 50-day moving average price of $0.85 and a two-hundred day moving average price of $0.80.

Thunder Mountain Gold (OTCMKTS:THMG) last announced its earnings results on Friday, August 14th. The basic materials company reported ($0.01) earnings per share (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.