International Tower Hill Mines Ltd. $THM is Paulson & CO. Inc.'s 8th Largest Position

Key Points

• Paulson & CO. Inc. increased its stake in International Tower Hill Mines Ltd. by 9.4%, acquiring an additional 6,040,408 shares, bringing its total holdings to approximately 70.2 million shares.
• Virtu Financial LLC significantly raised its position in International Tower Hill Mines by nearly 200%, holding 85,261 shares worth $54,000 after acquiring additional shares in the first quarter.
• International Tower Hill Mines' stock price reached $1.40, with a market capitalization of $291.04 million and trading between a 1-year low of $0.40 and a high of $1.49.

Paulson & CO. Inc. increased its position in International Tower Hill Mines Ltd. (NYSE:THM - Free Report) by 9.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 70,239,388 shares of the company's stock after acquiring an additional 6,040,408 shares during the period. International Tower Hill Mines makes up about 2.5% of Paulson & CO. Inc.'s portfolio, making the stock its 8th biggest holding. Paulson & CO. Inc. owned about 33.79% of International Tower Hill Mines worth $44,391,000 at the end of the most recent reporting period.

Separately, Northern Trust Corp acquired a new stake in shares of International Tower Hill Mines during the 4th quarter valued at about $46,000. Institutional investors own 54.63% of the company's stock.

International Tower Hill Mines Stock Performance

Shares of International Tower Hill Mines stock traded down $0.14 on Thursday, hitting $1.43. The company's stock had a trading volume of 622,477 shares, compared to its average volume of 374,173. The company has a market capitalization of $297.28 million, a price-to-earnings ratio of -71.50 and a beta of 0.54. International Tower Hill Mines Ltd. has a 1 year low of $0.40 and a 1 year high of $1.67. The firm has a fifty day moving average price of $1.17 and a 200-day moving average price of $0.86.

International Tower Hill Mines Company Profile

International Tower Hill Mines Ltd. is a Canada-based resource exploration company possessing a portfolio of Alaskan and Nevada based gold and base metal exploration projects. The Company is currently focused on the Livengood Gold Project located in the north of Fairbanks, Alaska. International Tower Hill Mines Ltd.