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

Thunder Mountain Gold, Inc. (OTCMKTS:THMG) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 8,700 shares, a drop of 65.2% from the December 15th total of 25,000 shares. Based on an average trading volume of 90,500 shares, the days-to-cover ratio is presently 0.1 days.

Thunder Mountain Gold Trading Down 7.1 %

Shares of OTCMKTS THMG traded down $0.01 during mid-day trading on Monday, reaching $0.10. 17,300 shares of the company were exchanged, compared to its average volume of 42,260. The firm has a 50-day moving average of $0.08 and a 200 day moving average of $0.05. Thunder Mountain Gold has a 1 year low of $0.02 and a 1 year high of $0.14.

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.