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Thunder Mountain Gold Inc. (THMG) Stock Fundamental Analysis & AI Rating 2026

THMG OTC Metal Mining NV CIK: 0000711034
Recently Updated • Analysis: Apr 17, 2026 • SEC Data: 2025-12-31
STRONG SELL
92% Conf
Pending
Analysis scheduled

📊 THMG Key Takeaways

Revenue: $0.0
Net Margin: N/A
Free Cash Flow: $-1.6M
Current Ratio: 1.86x
Debt/Equity: 0.12x
EPS: $-0.03
AI Rating: STRONG SELL with 92% confidence
Thunder Mountain Gold Inc. (THMG) receives a STRONG SELL rating with 92% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $0, and return on equity (ROE) of -199.8%, Thunder Mountain Gold Inc. demonstrates mixed fundamentals in the Materials sector. Below is our complete THMG stock analysis for 2026.

Is Thunder Mountain Gold Inc. (THMG) a Good Investment?

Claude

Thunder Mountain Gold has zero revenue and is burning $1.6M in operating cash flow, indicating non-operational or dormant mining assets. With only $2.6M in cash and consistent $2.8M losses, the company has insufficient runway before liquidity crisis. No clear operational pathway to profitability exists based on current fundamentals.

Why Buy Thunder Mountain Gold Inc. Stock? THMG Key Strengths

Claude
  • + Low long-term debt of $167.9K provides limited financial flexibility
  • + Debt-to-equity ratio of 0.12x is conservative and reduces solvency risk
  • + Current ratio of 1.86x indicates adequate short-term liquidity on paper

THMG Stock Risks: Thunder Mountain Gold Inc. Investment Risks

Claude
  • ! Zero revenue indicates mining operations are non-operational or dormant, fundamental business failure
  • ! Negative operating cash flow of -$1.6M unsustainable; cash runway approximately 1.5-2 periods at current burn rate
  • ! Cumulative losses of -$2.8M with no apparent turnaround strategy or capital injection announcements
  • ! OTC listing provides minimal regulatory oversight and market liquidity
  • ! Absence of Form 4 insider filings suggests no management confidence in turnaround

Key Metrics to Watch

Claude
  • * Quarterly cash position and burn rate trajectory
  • * Revenue restart or resumption of mining operations
  • * Capital raise or debt restructuring announcements

Thunder Mountain Gold Inc. (THMG) Financial Metrics & Key Ratios

Revenue
$0.0
Net Income
$-2.8M
EPS (Diluted)
$-0.03
Free Cash Flow
$-1.6M
Total Assets
$3.3M
Cash Position
$2.6M

💡 AI Analyst Insight

Thunder Mountain Gold Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

THMG Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin N/A
Net Margin N/A
ROE -199.8%
ROA -86.0%
FCF Margin N/A

THMG vs Materials Sector: How Thunder Mountain Gold Inc. Compares

How Thunder Mountain Gold Inc. compares to Materials sector averages

Net Margin
THMG 0.0%
vs
Sector Avg 10.0%
THMG Sector
ROE
THMG -199.8%
vs
Sector Avg 14.0%
THMG Sector
Current Ratio
THMG 1.9x
vs
Sector Avg 1.6x
THMG Sector
Debt/Equity
THMG 0.1x
vs
Sector Avg 0.6x
THMG Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Thunder Mountain Gold Inc. Stock Overvalued? THMG Valuation Analysis 2026

Based on fundamental analysis, Thunder Mountain Gold Inc. has mixed fundamental signals relative to the Materials sector in 2026.

Return on Equity
-199.8%
Sector avg: 14%
Net Profit Margin
N/A
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.12x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Thunder Mountain Gold Inc. Balance Sheet: THMG Debt, Cash & Liquidity

Current Ratio
1.86x
Quick Ratio
1.86x
Debt/Equity
0.12x
Debt/Assets
51.8%
Interest Coverage
-554.27x
Long-term Debt
$167.9K

THMG Revenue & Earnings Growth: 5-Year Financial Trend

THMG 5-year financial data: Year 2014: Revenue $53.2K, Net Income N/A, EPS N/A. Year 2019: Revenue $2.0M, Net Income N/A, EPS N/A. Year 2020: Revenue $2.0M, Net Income N/A, EPS N/A. Year 2021: Revenue $800.0K, Net Income $1.2M, EPS N/A. Year 2022: Revenue $800.0K, Net Income -$571.8K, EPS $-0.01.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Thunder Mountain Gold Inc.'s revenue has grown significantly by 1,404% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.01 indicates the company is currently unprofitable.

THMG Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
N/A
Free cash flow / Revenue

THMG Quarterly Earnings & Performance

Quarterly financial performance data for Thunder Mountain Gold Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2023 N/A -$119.7K $0.00
Q2 2023 N/A $52.2K $0.00
Q1 2023 N/A -$359.8K $-0.01
Q3 2022 $75.0K -$298.5K $-0.01
Q2 2022 $75.0K $142.3K $0.00
Q1 2022 $75.0K -$49.2K N/A
Q3 2021 $325.0K -$512.5K N/A
Q1 2021 $75.0K -$49.2K N/A

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Thunder Mountain Gold Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$1.6M
Cash generated from operations
Dividends
None
No dividend program

THMG SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Thunder Mountain Gold Inc. (CIK: 0000711034)

📋 Recent SEC Filings

Date Form Document Action
Mar 31, 2026 10-K form10k.htm View →
Feb 3, 2026 8-K form8k.htm View →
Dec 23, 2025 DEF 14A formdef14a.htm View →
Nov 10, 2025 10-Q form10q.htm View →
Nov 4, 2025 8-K form8k.htm View →

Frequently Asked Questions about THMG

What is the AI rating for THMG?

Thunder Mountain Gold Inc. (THMG) has an AI rating of STRONG SELL with 92% confidence, based on fundamental analysis of SEC EDGAR filings.

What are THMG's key strengths?

Claude: Low long-term debt of $167.9K provides limited financial flexibility. Debt-to-equity ratio of 0.12x is conservative and reduces solvency risk.

What are the risks of investing in THMG?

Claude: Zero revenue indicates mining operations are non-operational or dormant, fundamental business failure. Negative operating cash flow of -$1.6M unsustainable; cash runway approximately 1.5-2 periods at current burn rate.

What is THMG's revenue and growth?

Thunder Mountain Gold Inc. reported revenue of $0.0.

Does THMG pay dividends?

Thunder Mountain Gold Inc. does not currently pay dividends.

Where can I find THMG SEC filings?

Official SEC filings for Thunder Mountain Gold Inc. (CIK: 0000711034) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is THMG's EPS?

Thunder Mountain Gold Inc. has a diluted EPS of $-0.03.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is THMG a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Thunder Mountain Gold Inc. has a STRONG SELL rating with 92% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is THMG stock overvalued or undervalued?

Valuation metrics for THMG: ROE of -199.8% (sector avg: 14%), net margin of N/A (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy THMG stock in 2026?

Our dual AI analysis gives Thunder Mountain Gold Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is THMG's free cash flow?

Thunder Mountain Gold Inc.'s operating cash flow is $-1.6M, with capital expenditures of N/A.

How does THMG compare to other Materials stocks?

Vs Materials sector averages: Net margin N/A (avg: 10%), ROE -199.8% (avg: 14%), current ratio 1.86 (avg: 1.6).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 17, 2026 | Data as of: 2025-12-31 | Powered by Claude AI