Thunder Mountain Gold Inc. (OTCMKTS:THMG) Short Interest Update

Thunder Mountain Gold Inc. (OTCMKTS:THMG) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 502,800 shares, an increase of 5,957.8% from the September 15th total of 8,300 shares. Based on an average trading volume of 371,800 shares, the days-to-cover ratio is currently 1.4 days. Based on an average trading volume of 371,800 shares, the days-to-cover ratio is currently 1.4 days.

Thunder Mountain Gold Stock Performance

OTCMKTS:THMG opened at $0.36 on Friday. The stock’s 50-day simple moving average is $0.35 and its 200 day simple moving average is $0.25. The company has a market cap of $29.71 million, a P/E ratio of -17.85 and a beta of 0.56. Thunder Mountain Gold has a 52-week low of $0.03 and a 52-week high of $0.69.

Thunder Mountain Gold (OTCMKTS:THMG) last released its earnings results on Monday, August 11th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter.

About Thunder Mountain Gold

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.