Short Interest in Thunder Mountain Gold Inc. (OTCMKTS:THMG) Expands By 103.4%

Thunder Mountain Gold Inc. (OTCMKTS:THMG) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 50,919 shares, an increase of 103.4% from the June 15th total of 25,038 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 178,701 shares, the days-to-cover ratio is currently 0.3 days.

Thunder Mountain Gold Price Performance

THMG stock opened at $0.79 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.42 and a current ratio of 1.42. Thunder Mountain Gold has a 1 year low of $0.21 and a 1 year high of $1.01. The firm has a market cap of $73.68 million, a P/E ratio of -19.75 and a beta of 0.46. The stock has a 50-day simple moving average of $0.76 and a 200-day simple moving average of $0.79.

Thunder Mountain Gold (OTCMKTS:THMG) last announced its 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.