International Tower Hill Mines (NYSEAMERICAN:THM) Now Covered by Analysts at StockNews.com

Equities researchers at StockNews.com started coverage on shares of International Tower Hill Mines (NYSEAMERICAN:THM) (TSE:ITH) in a research note issued to investors 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 $0.53 on Friday. International Tower Hill Mines has a 1-year low of $0.31 and a 1-year high of $0.80. The firm has a market cap of $106.12 million, a P/E ratio of -26.57 and a beta of 1.19.

International Tower Hill Mines (NYSEAMERICAN:THM) (TSE:ITH) last announced its quarterly earnings data 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 stake in shares of International Tower Hill Mines Ltd. (NYSEAMERICAN:THM) (TSE:ITH) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 2,052,246 shares of the mining company’s stock, valued at approximately $1,416,000. Herr Investment Group LLC owned approximately 1.03% of International Tower Hill Mines at the end of the most recent reporting period. Institutional investors own 54.63% of the company’s stock.

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.