GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
T

Thunder Mountain Gold THMG · USD

Materials · US listing · 🇺🇸 United States

Compare

0.62

-6.89%

Close of 9 Nov 2026, in USD

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

About Thunder Mountain Gold

From its filings with the US Securities and Exchange Commission

SEC filings

Thunder Mountain Gold is based in Boise, Idaho and is incorporated in Nevada. Its shares trade on OTC under the ticker THMG. The SEC classifies its business as metal mining. In the fiscal year to 31 December 2022, it reported revenue of $300,000.

In its own words

Thunder Mountain Gold, Inc. (a predecessor entity) was originally incorporated under the laws of the State of Idaho on November 9, 1935, under the name of Montgomery Mines, Inc. In April 1978, a controlling interest in the Montgomery Mines Corporation was obtained by a group of the Thunder Mountain property holders who then changed the corporate name to Thunder Mountain Gold, Inc. with the primary goal to further develop their holdings in the Thunder Mountain Mining District, Valley County, Idaho.

On December 10, 2007, articles of incorporation were filed with the Secretary of State in Nevada for Thunder Mountain Gold, Inc., a Nevada Corporation. The Directors of Thunder Mountain Gold, Inc. (Nevada) were the same as for Thunder Mountain Gold, Inc. (Idaho).

On January 25, 2008, the shareholders approved the merger of Thunder Mountain Gold, Inc. (Idaho) with Thunder Mountain Gold, Inc. (Nevada), which was completed through a share-for-share exchange of common stock. The terms of the merger were such that the Nevada Corporation was the surviving entity (now the "Company"). The Company has 200,000,000 shares of common stock authorized with a par value of $0.001 per share and 5,000,000 shares of preferred stock authorized with a par value of $0.0001 per share.

Quoted from its 10-K, filed 31 Mar 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Materials
Industry
Metals & Mining
Listed since
6 Jun 1994
Employees
2
Head office
11770 W. PRESIDENT DR. STE F, BOISE, ID, 83713
Incorporated in
NV
Classification
Metal Mining
Filer status
Non-accelerated filer<br>Smaller reporting company

Leadership

Pay as last reported

  • Mr. Ralph NoyesIndependent Chairman of the Board$3,150
  • Mr. Eric JonesPresident, Chief Executive Officer, Director, since 2006$121,000
  • Mr. Larry ThackeryChief Financial Officer$20,450
  • Mr. Ron EspellChief Operating Officer
  • Mr. Rocky ChaseVice President - Operations
  • Mr. E. James CollordVice President - Exploration, Director, since 1978$7,500
  • Mr. Paul BeckmanIndependent Director$2,650
  • Mr. Douglas GlaspeyIndependent Director$3,150
  • Mr. Larry KornzeIndependent Director$2,300
  • Mr. James SabalaIndependent Director$2,900

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Strong financial position: Thunder Mountain Gold Inc has a stable financial foundation which allows for potential growth and investment opportunities.
  • Diverse portfolio of mining projects: The company has a range of mining projects, providing a diversified revenue stream and reducing dependence on a single project.
  • Experienced management team: Thunder Mountain Gold Inc is led by a team of professionals with extensive knowledge and experience in the mining industry, enhancing strategic decision-making.

Weaknesses

  • Reliance on commodity prices: The company's financial performance is influenced by fluctuations in commodity prices, which can impact profitability and cash flow.
  • Limited market presence: Thunder Mountain Gold Inc faces challenges in expanding its market reach and brand awareness, as it operates in a highly competitive industry.
  • Vulnerability to regulatory changes: Changes in regulations related to the mining sector can significantly impact the company's operations and future prospects.

Opportunities

  • Increasing global demand for metals and minerals: Thunder Mountain Gold Inc can capitalize on the growing demand for metals and minerals, especially in emerging markets, by expanding its mining projects.
  • Technological advancements: The company can leverage technological advancements in mining techniques and processes to improve efficiency, reduce costs, and enhance overall productivity.
  • Strategic partnerships and acquisitions: Collaborating with other industry players or considering strategic acquisitions can provide Thunder Mountain Gold Inc with access to new resources, technologies, and market segments.

Threats

  • Economic downturns: Thunder Mountain Gold Inc is vulnerable to economic downturns and market volatility, which can lead to reduced demand for metals and minerals and affect profitability.
  • Environmental and sustainability concerns: Increasing regulations and public scrutiny regarding environmental impact and sustainability practices pose risks and challenges to the company's operations and reputation.
  • Potential geopolitical risks: Political instability, trade disputes, and changes in government policies in countries where Thunder Mountain Gold Inc operates can disrupt operations and create uncertainties.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.