Thunder Mountain Gold (OTCMKTS:THMG) Stock Passes Above Two Hundred Day Moving Average – What’s Next?

Thunder Mountain Gold Inc. (OTCMKTS:THMG)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.64 and traded as high as $0.88. Thunder Mountain Gold shares last traded at $0.88, with a volume of 10,054 shares changing hands.

Thunder Mountain Gold Price Performance

The firm has a market capitalization of $82.07 million, a price-to-earnings ratio of -29.33 and a beta of 0.38. The business’s 50 day moving average price is $0.83 and its 200-day moving average price is $0.64.

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.