Thunder Mountain Gold Inc. (OTCMKTS:THMG) Sees Large Growth in Short Interest

Thunder Mountain Gold Inc. (OTCMKTS:THMG) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 50,919 shares, an increase of 103.4% from the June 15th total of 25,038 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 178,701 shares, the days-to-cover ratio is currently 0.3 days.

Thunder Mountain Gold Stock Performance

OTCMKTS:THMG opened at $0.79 on Thursday. The stock has a market cap of $73.68 million, a P/E ratio of -19.75 and a beta of 0.46. The firm’s fifty day simple moving average is $0.76 and its 200 day simple moving average is $0.79. Thunder Mountain Gold has a twelve month low of $0.21 and a twelve month high of $1.01. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.15.

Thunder Mountain Gold (OTCMKTS:THMG) last announced its quarterly earnings results on Tuesday, May 12th. The basic materials company reported ($0.01) earnings per share for the quarter.

Thunder Mountain Gold Company Profile

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.