Thunder Mountain Gold Inc. (OTCMKTS:THMG) Shares Shorted: Short Interest Down 88.3% in September

Thunder Mountain Gold Inc. (OTCMKTS:THMG) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 296 shares, a decline of 88.3% from the September 15th total of 2,538 shares. Based on an average daily volume of 27,453 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Thunder Mountain Gold Stock Performance

OTCMKTS:THMG opened at $0.86 on Monday. The company’s 50-day moving average is $0.87 and its two-hundred day moving average is $0.80. Thunder Mountain Gold has a 1-year low of $0.32 and a 1-year high of $1.10. 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 firm has a market capitalization of $80.20 million, a price-to-earnings ratio of -21.50 and a beta of 0.52.

Thunder Mountain Gold (OTCMKTS:THMG) last announced its quarterly 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 is a mineral exploration and development company focused on identifying and advancing precious- and base-metal properties. The company’s activities include exploration, geological evaluation, permitting, and project development rather than the production or sale of finished mineral products.

Its principal asset is the South Mountain Project in southwestern Idaho, within the historic South Mountain Mining District of Owyhee County. The project is associated with deposits containing zinc, lead, silver, copper, and gold, and includes a combination of patented and unpatented mining claims.