Thunder Mountain Gold (OTCMKTS:THMG) Posts Earnings Results

Thunder Mountain Gold (OTCMKTS:THMG) posted its quarterly earnings results on Tuesday. The basic materials company reported ($0.01) earnings per share for the quarter, Zacks reports.

Thunder Mountain Gold Stock Up 1.3%

Shares of THMG traded up $0.01 during midday trading on Tuesday, reaching $0.76. 43,300 shares of the stock were exchanged, compared to its average volume of 43,844. Thunder Mountain Gold has a 12-month low of $0.14 and a 12-month high of $1.01. The firm has a 50 day simple moving average of $0.79 and a 200-day simple moving average of $0.75. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.11. The company has a market cap of $70.88 million, a price-to-earnings ratio of -19.00 and a beta of 0.47.

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.