Thunder Mountain Gold (OTCMKTS:THMG) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

Shares of Thunder Mountain Gold Inc. (OTCMKTS:THMG) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $0.66 and traded as high as $0.7498. Thunder Mountain Gold shares last traded at $0.7150, with a volume of 69,926 shares trading hands.

Thunder Mountain Gold Stock Performance

The company has a market capitalization of $59.53 million, a P/E ratio of -23.83 and a beta of 0.39. The company’s fifty day simple moving average is $0.66 and its 200-day simple moving average is $0.43.

Thunder Mountain Gold (OTCMKTS:THMG) last posted its quarterly earnings results on Monday, November 10th. The basic materials company reported ($0.01) EPS for the quarter.

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.