Thunder Mountain Gold (OTCMKTS:THMG) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

Thunder Mountain Gold Inc. (OTCMKTS:THMG)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.79 and traded as low as $0.77. Thunder Mountain Gold shares last traded at $0.78, with a volume of 46,400 shares trading hands.

Thunder Mountain Gold Stock Down 1.5%

The stock’s fifty day moving average is $0.76 and its two-hundred day moving average is $0.79. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $76.25 million, a PE ratio of -20.44 and a beta of 0.44.

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