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

Thunder Mountain Gold Inc. (OTCMKTS:THMG) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 50,919 shares, a growth of 103.4% from the June 15th total of 25,038 shares. Based on an average trading volume of 178,701 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

Thunder Mountain Gold Trading Up 3.0%

Thunder Mountain Gold stock opened at $0.80 on Wednesday. Thunder Mountain Gold has a 52 week low of $0.21 and a 52 week high of $1.01. 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 firm has a market capitalization of $74.61 million, a PE ratio of -20.00 and a beta of 0.46. The business’s 50-day simple moving average is $0.76 and its 200-day simple moving average is $0.78.

Thunder Mountain Gold (OTCMKTS:THMG) last issued its quarterly 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.