Thunder Mountain Gold (THMG) stock price is $0.62, down 3.13% on the day, as of Nov 9, 2026. It has a market cap of $57.97Mn, and is classified in the Gold industry (Basic Materials sector).
Enterprise Value
Margins
P/FCF
Key Stats
Market Cap57.97 Mn
P/E-19.37
FCF (Yr)-1.66 Mn
ROA (Yr)-132.24
EV to EBIT0.00
Net Income (Yr)-2.83 Mn
Enterprise Value50.97 Mn
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About
Thunder Mountain Gold, Inc. is a mineral exploration company engaged in the acquisition, exploration, and development of precious metal properties located primarily in Idaho and Nevada. The company holds patented and unpatented lode claims covering the Thunder Mountain Mining District in Valley County, Idaho, and the South Mountain Project in the same district. It also evaluates opportunities at its Trout Creek Project in Lander County, Nevada. The firm’s objective is to…
Thunder Mountain Gold, Inc. is a mineral exploration company engaged in the acquisition, exploration, and development of precious metal properties located primarily in Idaho and Nevada. The company holds patented and unpatented lode claims covering the Thunder Mountain Mining District in Valley County, Idaho, and the South Mountain Project in the same district. It also evaluates opportunities at its Trout Creek Project in Lander County, Nevada. The firm’s objective is to define economically mineable mineral resources that could support future production.
Thunder Mountain Gold, Inc. has not generated operating revenue to date as it remains in the exploration stage. The company funds its activities through equity capital, occasional reimbursements from partners, and option agreements such as the arrangement with MFD Investment Holdings SA that provides project related expenditures. Any future revenue would depend on successful discovery and development of mineral reserves leading to the sale of gold or other precious metal concentrate.
Thunder Mountain Gold, Inc. operates within the competitive junior mining sector focused on gold and silver exploration in the western United States. It faces competition from numerous other exploration companies seeking similar mineral properties, though the filing does not disclose specific competitor names. The company’s competitive position is supported by its land holdings in the historic Thunder Mountain Mining District, its ongoing technical work including geophysical and geochemical surveys, and its strategic partnership that provides additional funding and expertise.
The company intends to sell any future production of gold or silver concentrate to smelters, refiners, or other metals traders; however, it has not yet identified specific offtake customers. As a prerevenue explorer, Thunder Mountain Gold, Inc. does not currently serve a defined customer base beyond potential future buyers of its mineral products.
Sector:Basic MaterialsSector rationaleThe company is a mineral exploration firm focused on acquiring and developing precious metal properties to produce gold and silver. These materials are extracted and sold as concentrates to smelters and refiners, which fits the Basic Materials sector's definition of extracting raw materials sold to other manufacturers.Industries:GoldGoldPrimaryThunder Mountain Gold is a mineral exploration company focused on defining economically mineable resources of gold and silver. Its primary objective and future revenue model are based on the discovery and eventual sale of gold production.SilverSilverSecondaryThe company specifically targets precious metal properties for the exploration of both gold and silver, as noted in its focus on the junior mining sector for these two metals.Classified using BQ-MICSCIK: 0000711034
Peer percentiles
How Thunder Mountain Gold ranks
Ranked against the 177 companies in Metals and Mining·58 metrics · as of Nov 6, 2026
Valuation
12 metrics · Lower multiples rank higher; a negative multiple ranks last