Short Interest in Thunder Mountain Gold Inc. (OTCMKTS:THMG) Declines By 62.8%

Thunder Mountain Gold Inc. (OTCMKTS:THMG) was the target of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 11,744 shares, a drop of 62.8% from the July 30th total of 31,533 shares. Based on an average trading volume of 94,467 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Thunder Mountain Gold Trading Up 1.3%

Thunder Mountain Gold stock opened at $0.89 on Friday. Thunder Mountain Gold has a 52-week low of $0.23 and a 52-week 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 firm has a market capitalization of $83.35 million, a price-to-earnings ratio of -22.34 and a beta of 0.47. The firm has a 50-day moving average price of $0.83 and a two-hundred day moving average price of $0.80.

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