Thunder Mountain Gold (OTCMKTS:THMG) Shares Cross Below 200 Day Moving Average – What’s Next?

Thunder Mountain Gold Inc. (OTCMKTS:THMG)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.79 and traded as low as $0.7462. Thunder Mountain Gold shares last traded at $0.7799, with a volume of 23,028 shares trading hands.

Thunder Mountain Gold Stock Performance

The firm has a market cap of $72.73 million, a P/E ratio of -19.50 and a beta of 0.44. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.42 and a current ratio of 1.42. The company’s 50 day moving average is $0.75 and its 200 day moving average is $0.79.

Thunder Mountain Gold (OTCMKTS:THMG) last announced its quarterly earnings results on Tuesday, May 12th. The basic materials company reported ($0.01) earnings per share (EPS) 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.