Great Thunder Gold (CVE:GTG) Shares Up 5.5% – Time to Buy?

Great Thunder Gold Corp (CVE:GTG) traded up 5.5% on Wednesday. The company traded as high as C$0.48 and last traded at C$0.48. 55,000 shares changed hands during trading, a decline of 60% from the average session volume of 138,894 shares. The stock had previously closed at C$0.46.

Great Thunder Gold Trading Up 5.5%

The firm has a market cap of C$11.17 million and a price-to-earnings ratio of -21.82. The company has a fifty day moving average price of C$0.48 and a 200-day moving average price of C$0.48. The company has a current ratio of 0.13, a quick ratio of 0.11 and a debt-to-equity ratio of 9.75.

Great Thunder Gold Company Profile

Great Thunder Gold Corp., an exploration stage company, engages in the exploration and development of mineral properties in Canada. The company owns a 100% interest in the Valentine Mountain property that consists of 25 mineral claims covering an area of approximately 7,188 hectares and 2 overlying placer claims covering 43 hectares in British Columbia. It also holds interests in the Chubb & Bouvier property comprising 53 mineral claims covering approximately 2,200 hectares; the Urban Thunder property that consists of 20 mineral claims covering approximately 1,127 hectares; and the Nemaska Lake property comprising 4 mineral claims covering approximately 213 hectares in Quebec.