Thunder Mountain Gold (OTCMKTS:THMG) Announces Quarterly Earnings Results

Thunder Mountain Gold (OTCMKTS:THMG) released its earnings results on Thursday. The basic materials company reported ($0.02) earnings per share (EPS) for the quarter, Zacks reports.

Thunder Mountain Gold Stock Up 3.0%

Shares of Thunder Mountain Gold stock traded up $0.02 during trading on Thursday, reaching $0.66. 1,000 shares of the company traded hands, compared to its average volume of 36,278. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.73 and a quick ratio of 0.73. Thunder Mountain Gold has a 1-year low of $0.49 and a 1-year high of $1.10. The company has a 50 day moving average price of $0.79 and a 200-day moving average price of $0.80. The firm has a market capitalization of $61.28 million, a PE ratio of -16.43 and a beta of 0.54.

About Thunder Mountain Gold

Thunder Mountain Gold, Inc. is a mineral exploration and development company focused on the acquisition, evaluation and advancement of precious- and base-metal properties. The company’s activities include geological exploration, resource evaluation, permitting and project development rather than the production or sale of finished metals. The company’s principal asset is the South Mountain Project in southwestern Idaho, an exploration property with a history of mining and mineralization. The project contains gold, silver, copper, lead and zinc occurrences, and Thunder Mountain Gold has focused its efforts on assessing the property’s development potential through drilling, engineering and related technical work.