StockNews.com initiated coverage on shares of International Tower Hill Mines (NYSE:THM – Get Rating) in a research note issued to investors on Saturday. The brokerage set a “sell” rating on the stock.
THM stock opened at $0.72 on Friday. International Tower Hill Mines has a one year low of $0.62 and a one year high of $1.23. The business’s 50 day simple moving average is $0.92. The stock has a market capitalization of $140.23 million, a P/E ratio of -23.93 and a beta of 0.51.
International Tower Hill Mines (NYSE:THM – Get Rating) last released its quarterly earnings results on Wednesday, March 9th. The company reported ($0.01) earnings per share for the quarter, meeting the consensus estimate of ($0.01). Analysts expect that International Tower Hill Mines will post -0.02 earnings per share for the current fiscal year.
International Tower Hill Mines Ltd., a mineral exploration company, engages in the acquisition, exploration, and development of mineral properties. It holds or has rights to acquire interests in the Livengood gold project covering an area of approximately 19,546 hectares located to the northwest of Fairbanks, Alaska.
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