Short Interest in Thunder Mountain Gold, Inc. (OTCMKTS:THMG) Drops By 14.9%

Thunder Mountain Gold, Inc. (OTCMKTS:THMG) was the target of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 34,400 shares, a decline of 14.9% from the March 15th total of 40,400 shares. Based on an average daily volume of 88,300 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are sold short.

Thunder Mountain Gold Price Performance

Shares of THMG opened at $0.16 on Tuesday. Thunder Mountain Gold has a 1-year low of $0.02 and a 1-year high of $0.17. The firm has a fifty day moving average price of $0.13 and a 200 day moving average price of $0.09.

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.