Thunder Mountain Gold (OTCMKTS:THMG) Shares Up 4.2% – Here’s What Happened

Thunder Mountain Gold Inc. (OTCMKTS:THMG) shares shot up 4.2% during trading on Tuesday. The stock traded as high as $0.6464 and last traded at $0.6464. 2,000 shares changed 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 Performance

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 stock has a market cap of $60.28 million, a PE ratio of -16.16 and a beta of 0.54. The firm has a fifty day moving average price of $0.80 and a 200 day moving average price of $0.80.

Thunder Mountain Gold (OTCMKTS:THMG) last announced its earnings results on Friday, August 14th. The basic materials company reported ($0.01) 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.