Thunder Mountain Gold Inc. (OTCMKTS:THMG) Short Interest Down 62.8% in August

Thunder Mountain Gold Inc. (OTCMKTS:THMG) saw a significant decline in short interest in August. As of August 14th, there was short interest totaling 11,744 shares, a decline of 62.8% from the July 30th total of 31,533 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 94,467 shares, the days-to-cover ratio is presently 0.1 days.

Thunder Mountain Gold Stock Performance

Shares of THMG opened at $0.88 on Friday. Thunder Mountain Gold has a 52-week low of $0.23 and a 52-week high of $1.10. The stock’s 50-day simple moving average is $0.83 and its 200 day simple moving average is $0.80. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.73 and a current ratio of 0.73. The stock has a market capitalization of $82.51 million, a price-to-earnings ratio of -22.12 and a beta of 0.47.

Thunder Mountain Gold (OTCMKTS:THMG) last posted its earnings results on Friday, August 14th. The basic materials company reported ($0.01) earnings per share 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.