Thunder Mountain Gold Inc. (OTCMKTS:THMG) Short Interest Up 202.5% in June

Thunder Mountain Gold Inc. (OTCMKTS:THMG) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 25,038 shares, an increase of 202.5% from the May 31st total of 8,276 shares. Based on an average daily trading volume, of 207,315 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Thunder Mountain Gold Stock Performance

Shares of THMG traded down $0.03 during mid-day trading on Tuesday, hitting $0.80. The company’s stock had a trading volume of 3,100 shares, compared to its average volume of 50,344. The stock’s 50-day moving average is $0.76 and its two-hundred day moving average is $0.79. The firm has a market capitalization of $74.61 million, a PE ratio of -20.00 and a beta of 0.44. 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 one year low of $0.21 and a one year high of $1.01.

Thunder Mountain Gold (OTCMKTS:THMG) last announced its earnings results on Tuesday, May 12th. 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.