Research analysts at StockNews.com initiated coverage on shares of International Tower Hill Mines (NYSEAMERICAN:THM - Get Free Report) TSE: ITH in a report released on Saturday. The firm set a "sell" rating on the mining company's stock.
International Tower Hill Mines Stock Up 4.6 %
THM stock traded up $0.03 during trading hours on Friday, hitting $0.68. The company's stock had a trading volume of 183,488 shares, compared to its average volume of 81,348. International Tower Hill Mines has a 12 month low of $0.31 and a 12 month high of $0.80. The company has a market capitalization of $135.79 million, a price-to-earnings ratio of -34.00 and a beta of 1.19.
International Tower Hill Mines (NYSEAMERICAN:THM - Get Free Report) TSE: ITH last posted its quarterly earnings data on Friday, March 8th. The mining company reported ($0.01) EPS for the quarter.
Institutional Investors Weigh In On International Tower Hill Mines
Large investors have recently modified their holdings of the business. Atria Wealth Solutions Inc. grew its holdings in shares of International Tower Hill Mines by 54.5% during the fourth quarter. Atria Wealth Solutions Inc. now owns 51,018 shares of the mining company's stock worth $30,000 after buying an additional 18,000 shares in the last quarter. Herr Investment Group LLC bought a new position in shares of International Tower Hill Mines during the first quarter worth about $1,416,000. Finally, Russell Investments Group Ltd. grew its holdings in shares of International Tower Hill Mines by 1.0% during the first quarter. Russell Investments Group Ltd. now owns 2,878,009 shares of the mining company's stock worth $1,984,000 after buying an additional 28,358 shares in the last quarter. 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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