International Tower Hill Mines Ltd. (NYSE:THM – Get Free Report) major shareholder Global Holdings L.P. Electrum acquired 3,153,153 shares of the business’s stock in a transaction on Tuesday, January 27th. The stock was acquired at an average price of $2.22 per share, with a total value of $6,999,999.66. Following the transaction, the insider owned 3,153,153 shares in the company, valued at approximately $6,999,999.66. The trade was a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
International Tower Hill Mines Stock Performance
International Tower Hill Mines stock opened at $2.61 on Friday. The business’s fifty day moving average is $2.09 and its two-hundred day moving average is $1.74. The firm has a market cap of $542.58 million, a P/E ratio of -130.50 and a beta of 0.71. International Tower Hill Mines Ltd. has a 52 week low of $0.45 and a 52 week high of $3.65.
Trending Headlines about International Tower Hill Mines
Here are the key news stories impacting International Tower Hill Mines this week:
- Positive Sentiment: Paulson & Co. increased its THM stake with two recent buys (Jan. 28 and Jan. 29) totaling ~11.3M shares at about $2.22 each — the filings show Paulson now owns roughly 99.6M shares, signaling large‑scale insider accumulation that likely supported the recent rally. Paulson Form 4
- Positive Sentiment: Global Holdings L.P. (Electrum) disclosed a purchase of 3,153,153 shares at ~ $2.22 per share; multiple institutional buys this week have increased visible insider ownership and investor interest. Electrum SEC Filing
- Neutral Sentiment: Market/coverage pieces are reassessing THM’s valuation after recent equity raises and the wave of institutional backing; analysts and investors will be watching how these positions change valuation expectations for the Livengood project. Valuation Article
- Negative Sentiment: Despite the buying, the stock pulled back from recent highs amid heavy volume — short‑term profit‑taking and higher volatility followed the insider-driven run. THM remains a development‑stage gold company (negative P/E, project/permitting risk), so execution and permitting headlines will continue to drive large price moves. MarketBeat Insider Trades 1‑Year High Coverage
Institutional Inflows and Outflows
International Tower Hill Mines Company Profile
International Tower Hill Mines Ltd. (NYSE American: THM) is a mineral exploration and development company focused on advancing its flagship Livengood gold project in Alaska, United States. Headquartered in Vancouver, Canada, the company’s primary business activity is the exploration, permitting and feasibility study of the Livengood deposit, which hosts a large-scale, low‐sulfidation gold system. Through systematic drilling programs and resource modeling, International Tower Hill Mines aims to define and expand gold resources while advancing environmental and engineering studies toward a potential mining operation.
The Livengood project, situated approximately 70 miles northwest of Fairbanks, Alaska, has been the focal point of International Tower Hill Mines’ efforts since acquiring the property in 2011.
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