Thunder Mountain Gold Inc. (OTCMKTS:THMG) Short Interest Up 103.4% in June

Thunder Mountain Gold Inc. (OTCMKTS:THMG) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 50,919 shares, an increase of 103.4% from the June 15th total of 25,038 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 178,701 shares, the days-to-cover ratio is currently 0.3 days.

Thunder Mountain Gold Trading Up 3.0%

Shares of OTCMKTS THMG opened at $0.80 on Wednesday. The business has a 50 day simple moving average of $0.76 and a 200 day simple moving average of $0.78. Thunder Mountain Gold has a 52 week low of $0.21 and a 52 week high of $1.01. The stock has a market cap of $74.61 million, a price-to-earnings ratio of -20.00 and a beta of 0.46. 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) last issued its quarterly earnings data on Tuesday, May 12th. 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.