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

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

International Tower Hill Mines Stock Down 2.1 %

International Tower Hill Mines stock opened at $0.63 on Wednesday. International Tower Hill Mines has a 12-month low of $0.31 and a 12-month high of $0.80. The stock has a market cap of $126.64 million, a P/E ratio of -31.71 and a beta of 1.14.

International Tower Hill Mines (NYSEAMERICAN:THM) (TSE:ITH) last released its quarterly earnings data on Friday, March 8th. The mining company reported ($0.01) earnings per share (EPS) for the quarter.

Institutional Investors Weigh In On International Tower Hill Mines

An institutional investor recently raised its position in International Tower Hill Mines stock. Atria Wealth Solutions Inc. raised its stake in shares of International Tower Hill Mines Ltd. (NYSEAMERICAN:THM) (TSE:ITH) by 54.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 51,018 shares of the mining company’s stock after acquiring an additional 18,000 shares during the period. Atria Wealth Solutions Inc.’s holdings in International Tower Hill Mines were worth $30,000 as of its most recent SEC filing. Hedge funds and other 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.