Thunder Mountain Gold (OTCMKTS:THMG) Stock Crosses Below Two Hundred Day Moving Average – Should You Sell?

Shares of Thunder Mountain Gold Inc. (OTCMKTS:THMG) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.76 and traded as low as $0.73. Thunder Mountain Gold shares last traded at $0.7510, with a volume of 3,935 shares trading hands.

Thunder Mountain Gold Price Performance

The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.42 and a current ratio of 1.42. The company has a market cap of $70.04 million, a P/E ratio of -18.78 and a beta of 0.47. The company has a fifty day moving average price of $0.78 and a two-hundred day moving average price of $0.76.

Thunder Mountain Gold (OTCMKTS:THMG) last posted its quarterly earnings results on Tuesday, May 12th. The basic materials company reported ($0.01) EPS 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.