Great Thunder Gold (CVE:GTG) Shares Up 5.5% – Time to Buy?

Great Thunder Gold Corp (CVE:GTG)’s share price shot up 5.5% during trading on Wednesday. The company traded as high as C$0.48 and last traded at C$0.48. Approximately 55,000 shares traded hands during mid-day trading, a decline of 60% from the average daily volume of 138,894 shares. The stock had previously closed at C$0.46.

Great Thunder Gold Price Performance

The company has a quick ratio of 0.11, a current ratio of 0.13 and a debt-to-equity ratio of 9.75. The firm has a market capitalization of C$11.17 million and a PE ratio of -21.82. The stock has a 50-day moving average price of C$0.48 and a 200 day moving average price of C$0.48.

About Great Thunder Gold

Great Thunder Gold Corp., an exploration stage company, engages in the exploration and development of mineral properties in Canada. The company owns a 100% interest in the Valentine Mountain property that consists of 25 mineral claims covering an area of approximately 7,188 hectares and 2 overlying placer claims covering 43 hectares in British Columbia. It also holds interests in the Chubb & Bouvier property comprising 53 mineral claims covering approximately 2,200 hectares; the Urban Thunder property that consists of 20 mineral claims covering approximately 1,127 hectares; and the Nemaska Lake property comprising 4 mineral claims covering approximately 213 hectares in Quebec.