Short Interest in Thunder Mountain Gold Inc. (OTCMKTS:THMG) Declines By 89.1%

Thunder Mountain Gold Inc. (OTCMKTS:THMG) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totaling 1,275 shares, a decline of 89.1% from the August 15th total of 11,744 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 44,123 shares, the short-interest ratio is presently 0.0 days.

Thunder Mountain Gold Price Performance

Thunder Mountain Gold stock opened at $0.87 on Friday. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 1.54. Thunder Mountain Gold has a 52-week low of $0.23 and a 52-week high of $1.10. The firm has a market cap of $81.29 million, a PE ratio of -21.79 and a beta of 0.49. The company’s 50 day moving average is $0.85 and its two-hundred day moving average is $0.80.

Thunder Mountain Gold (OTCMKTS:THMG) last posted its quarterly earnings data on Friday, August 14th. 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.