Thunder Mountain Gold (OTCMKTS:THMG) Stock Jumps 4.2% – Here’s Why

Thunder Mountain Gold Inc. (OTCMKTS:THMG)’s share price was up 4.2% during trading on Tuesday. The company traded as high as $0.6464 and last traded at $0.6464. Approximately 2,000 shares traded hands during trading, a decline of 81% from the average daily volume of 10,561 shares. The stock had previously closed at $0.6201.

Thunder Mountain Gold Stock Down 2.8%

The business has a 50-day moving average price of $0.79 and a 200 day moving average price of $0.80. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 1.54. The stock has a market capitalization of $57.82 million, a P/E ratio of -15.50 and a beta of 0.54.

Thunder Mountain Gold (OTCMKTS:THMG) last released its earnings results on Thursday, November 12th. The basic materials company reported ($0.02) earnings per share for the quarter.

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.