Short Interest in Thunder Mountain Gold Inc. (OTCMKTS:THMG) Increases By 272.9%
by Scott Moore · The Cerbat GemThunder Mountain Gold Inc. (OTCMKTS:THMG – Get Free Report) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 4,591 shares, an increase of 272.9% from the April 30th total of 1,231 shares. Based on an average daily volume of 73,226 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.
Thunder Mountain Gold Price Performance
OTCMKTS THMG opened at $0.71 on Friday. Thunder Mountain Gold has a 1 year low of $0.14 and a 1 year high of $1.01. The business’s fifty day moving average is $0.75 and its two-hundred day moving average is $0.78. The stock has a market capitalization of $66.22 million, a P/E ratio of -17.75 and a beta of 0.47. 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 (OTCMKTS:THMG – Get Free Report) 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.