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

Thunder Mountain Gold Inc. (OTCMKTS:THMG) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 2,538 shares, a growth of 99.1% from the August 31st total of 1,275 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 16,388 shares, the short-interest ratio is currently 0.2 days.

Thunder Mountain Gold Trading Up 4.6%

Thunder Mountain Gold stock opened at $0.84 on Thursday. Thunder Mountain Gold has a 12 month low of $0.32 and a 12 month high of $1.10. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 1.54. The stock has a market cap of $78.06 million, a P/E ratio of -20.92 and a beta of 0.49. The company’s fifty day simple moving average is $0.87 and its 200-day simple moving average is $0.80.

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

Thunder Mountain Gold Company Profile

Thunder Mountain Gold Inc is a mineral exploration company focused on the acquisition, evaluation and development of mineral properties in the United States. The company is engaged primarily in exploration-stage activities rather than the production and sale of metals.

Its principal asset is the South Mountain Project in Owyhee County, Idaho. The project is a polymetallic exploration property with identified potential for gold, silver, copper, lead and zinc mineralization. Thunder Mountain Gold’s activities may include geological mapping, drilling, sampling, permitting and other work intended to evaluate the project’s resource potential.

The company’s operations are focused on the western United States, and its shares trade over the counter under the symbol THMG.