Stock analysts at StockNews.com began coverage on shares of International Tower Hill Mines (NYSEAMERICAN:THM - Get Free Report) TSE: ITH in a note issued to investors on Sunday. The firm set a "sell" rating on the mining company's stock.
International Tower Hill Mines Trading Down 4.5 %
International Tower Hill Mines stock traded down $0.03 during mid-day trading on Friday, reaching $0.64. The company's stock had a trading volume of 127,799 shares, compared to its average volume of 141,550. 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 $126.96 million, a P/E ratio of -31.79 and a beta of 1.20.
International Tower Hill Mines (NYSEAMERICAN:THM - Get Free Report) TSE: ITH last posted its quarterly earnings results on Friday, August 9th. The mining company reported ($0.01) earnings per share for the quarter.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in International Tower Hill Mines stock. Herr Investment Group LLC purchased a new position in shares of International Tower Hill Mines Ltd. (NYSEAMERICAN:THM - Free Report) TSE: ITH in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 2,052,246 shares of the mining company's stock, valued at approximately $1,416,000. Herr Investment Group LLC owned 1.03% of International Tower Hill Mines at the end of the most recent quarter. 54.63% of the stock is 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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