Thunder Mountain Gold (OTCMKTS:THMG) Stock Passes Below 200-Day Moving Average – Time to Sell?
by Renee Jackson · The Cerbat GemThunder Mountain Gold Inc. (OTCMKTS:THMG – Get Free Report) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.78 and traded as low as $0.7262. Thunder Mountain Gold shares last traded at $0.7262, with a volume of 5,549 shares traded.
Thunder Mountain Gold Stock Up 3.5%
The company’s fifty day moving average is $0.75 and its 200 day moving average is $0.78. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.15.
Thunder Mountain Gold (OTCMKTS:THMG – Get Free Report) last announced its earnings results on Tuesday, May 12th. The basic materials company reported ($0.01) 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.