International Tower Hill Mines (NYSEAMERICAN:THM) Coverage Initiated by Analysts at StockNews.com

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

International Tower Hill Mines Price Performance

Shares of NYSEAMERICAN THM opened at $0.71 on Monday. International Tower Hill Mines has a 12 month low of $0.33 and a 12 month high of $0.80. The firm has a market capitalization of $140.78 million, a price-to-earnings ratio of -35.25 and a beta of 1.20.

International Tower Hill Mines (NYSEAMERICAN:THM) (TSE:ITH) last issued its quarterly earnings data on Friday, August 9th. The mining company reported ($0.01) EPS 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 bought a new position in International Tower Hill Mines Ltd. (NYSEAMERICAN:THM) (TSE:ITH) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor bought 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 reporting period. Institutional investors and hedge funds 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.