Thunder Mountain Gold, Inc. (OTCMKTS:THMG) Sees Large Decline in Short Interest

Thunder Mountain Gold, Inc. (OTCMKTS:THMG) saw a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 25,800 shares, a decrease of 21.1% from the October 31st total of 32,700 shares. Based on an average daily trading volume, of 25,500 shares, the days-to-cover ratio is presently 1.0 days.

Thunder Mountain Gold Stock Performance

THMG stock opened at $0.07 on Friday. The company’s 50 day simple moving average is $0.05 and its 200-day simple moving average is $0.04. Thunder Mountain Gold has a 12 month low of $0.02 and a 12 month high of $0.08.

Thunder Mountain Gold Company Profile

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.