Thunder Mountain Gold (OTCMKTS:THMG) Posts Earnings Results

Thunder Mountain Gold (OTCMKTS:THMG) announced its quarterly earnings data on Thursday. The basic materials company reported ($0.02) earnings per share for the quarter, Zacks reports.

Thunder Mountain Gold Trading Up 1.8%

OTCMKTS:THMG traded up $0.01 during trading hours on Thursday, reaching $0.65. The company’s stock had a trading volume of 1,415 shares, compared to its average volume of 36,111. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.73 and a current ratio of 0.73. The firm has a market capitalization of $60.59 million, a price-to-earnings ratio of -16.24 and a beta of 0.54. The firm has a 50-day simple moving average of $0.79 and a 200-day simple moving average of $0.80. Thunder Mountain Gold has a 1 year low of $0.49 and a 1 year high of $1.10.

About Thunder Mountain Gold

Thunder Mountain Gold, Inc. is a mineral exploration and development company focused on the acquisition, evaluation and advancement of precious- and base-metal properties. The company’s activities include geological exploration, resource evaluation, permitting and project development rather than the production or sale of finished metals. The company’s principal asset is the South Mountain Project in southwestern Idaho, an exploration property with a history of mining and mineralization. The project contains gold, silver, copper, lead and zinc occurrences, and Thunder Mountain Gold has focused its efforts on assessing the property’s development potential through drilling, engineering and related technical work.