Thunder Mountain Gold (OTCMKTS:THMG) Stock Passes Below 200-Day Moving Average – What’s Next?

Thunder Mountain Gold Inc. (OTCMKTS:THMG) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.78 and traded as low as $0.7414. Thunder Mountain Gold shares last traded at $0.75, with a volume of 37,457 shares trading hands.

Thunder Mountain Gold Stock Up 1.4%

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 cap of $69.95 million, a PE ratio of -18.75 and a beta of 0.44. The stock has a fifty day moving average price of $0.75 and a 200-day moving average price of $0.78.

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