International Tower Hill Mines (NYSEAMERICAN:THM) Research Coverage Started at StockNews.com

Analysts at StockNews.com started coverage on shares of International Tower Hill Mines (NYSEAMERICAN:THM) (TSE:ITH) in a research report issued on Sunday. The firm set a “sell” rating on the mining company’s stock.

International Tower Hill Mines Price Performance

Shares of NYSEAMERICAN:THM opened at $0.52 on Friday. International Tower Hill Mines has a 12-month low of $0.31 and a 12-month high of $0.80. The firm has a market cap of $104.18 million, a price-to-earnings ratio of -26.09 and a beta of 1.23.

Institutional Trading of International Tower Hill Mines

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Atria Wealth Solutions Inc. increased its holdings in shares of International Tower Hill Mines by 54.5% in the 4th quarter. Atria Wealth Solutions Inc. now owns 51,018 shares of the mining company’s stock worth $30,000 after purchasing 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 valued at $1,416,000. Finally, Russell Investments Group Ltd. boosted its position 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 valued at $1,984,000 after buying an additional 28,358 shares during the last quarter. 54.63% of the stock is currently owned by institutional investors.

International Tower Hill Mines Company Profile

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.