Analysts at StockNews.com initiated coverage on shares of International Tower Hill Mines (NYSEAMERICAN:THM - Get Free Report) TSE: ITH in a note issued to investors on Friday. The firm set a "sell" rating on the mining company's stock.
International Tower Hill Mines Stock Performance
Shares of NYSEAMERICAN:THM traded down $0.07 during mid-day trading on Friday, hitting $0.50. The stock had a trading volume of 326,713 shares, compared to its average volume of 142,653. International Tower Hill Mines has a 12-month low of $0.33 and a 12-month high of $0.80. The company has a market cap of $99.85 million, a PE ratio of -25.00 and a beta of 1.18.
International Tower Hill Mines (NYSEAMERICAN:THM - Get Free Report) TSE: ITH last released its earnings results on Friday, August 9th. The mining company reported ($0.01) earnings per share (EPS) for the quarter.
Institutional Investors Weigh In On International Tower Hill Mines
An institutional investor recently bought a new position in International Tower Hill Mines stock. Herr Investment Group LLC acquired a new position in International Tower Hill Mines Ltd. (NYSEAMERICAN:THM - Free Report) TSE: ITH during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,052,246 shares of the mining company's stock, valued at approximately $1,416,000. Herr Investment Group LLC owned about 1.03% of International Tower Hill Mines as of its most recent filing with the Securities and Exchange Commission (SEC). 54.63% of the stock is currently owned by institutional investors.
About International Tower Hill Mines
(
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International Tower Hill Mines Ltd. engages in the acquisition, exploration, and development of mineral properties. It holds rights to acquire interests in the Livengood gold project covering an area of approximately 19,546 hectares located to the northwest of Fairbanks, Alaska. The company was formerly known as Tower Hill Mines Ltd.
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