Thunder Mountain Gold Inc. (OTCMKTS:THMG) Stock Short Interest Drops 88.3%

Thunder Mountain Gold Inc. (OTCMKTS:THMG) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 296 shares, a decrease 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 stock are short sold.

Thunder Mountain Gold Stock Performance

Shares of THMG opened at $0.86 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 12 month low of $0.32 and a 12 month high of $1.10. The company’s fifty day moving average is $0.87 and its 200-day moving average is $0.80. The firm has a market cap of $80.20 million, a price-to-earnings ratio of -21.50 and a beta of 0.52.

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 (EPS) for the quarter.

Thunder Mountain Gold Company Profile

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.