Great Thunder Gold (CVE:GTG) Shares Pass Below Fifty Day Moving Average – Here’s Why

Great Thunder Gold Corp (CVE:GTGGet Free Report) shares passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.48 and traded as low as C$0.45. Great Thunder Gold shares last traded at C$0.48, with a volume of 55,000 shares traded.

Great Thunder Gold Stock Performance

The company has a fifty day moving average price of C$0.48 and a two-hundred day moving average price of C$0.48. The firm has a market cap of C$11.17 million and a price-to-earnings ratio of -21.82. The company has a debt-to-equity ratio of 9.75, a current ratio of 0.13 and a quick ratio of 0.11.

About Great Thunder Gold

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Great Thunder Gold Corp., an exploration stage company, engages in the exploration and development of mineral properties in Canada. The company owns a 100% interest in the Valentine Mountain property that consists of 25 mineral claims covering an area of approximately 7,188 hectares and 2 overlying placer claims covering 43 hectares in British Columbia.

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