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

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

Thunder Mountain Gold Stock Performance

Thunder Mountain Gold stock opened at $0.08 on Friday. The business has a 50 day simple moving average of $0.04 and a 200 day simple moving average of $0.04. Thunder Mountain Gold has a one year low of $0.02 and a one year high of $0.08.

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.