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

by · The Cerbat Gem

Analysts at StockNews.com began coverage on shares of International Tower Hill Mines (NYSEAMERICAN:THM – Get Free Report) (TSE:ITH) in a research report issued to clients and investors on Thursday. The brokerage set a “sell” rating on the mining company’s stock.

International Tower Hill Mines Price Performance

International Tower Hill Mines stock opened at $0.56 on Thursday. International Tower Hill Mines has a 52 week low of $0.33 and a 52 week high of $0.80.

International Tower Hill Mines (NYSEAMERICAN:THM – Get Free Report) (TSE:ITH) last issued its earnings results on Friday, August 9th. The mining company reported ($0.01) earnings per share (EPS) for the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in International Tower Hill Mines stock. Russell Investments Group Ltd. increased its position in International Tower Hill Mines Ltd. (NYSEAMERICAN:THM – Free Report) (TSE:ITH) by 1.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,878,009 shares of the mining company’s stock after acquiring an additional 28,358 shares during the quarter. Russell Investments Group Ltd. owned about 1.44% of International Tower Hill Mines worth $1,984,000 at the end of the most recent quarter. 54.63% of the stock is currently owned by institutional investors and hedge funds.

International Tower Hill Mines Company Profile

(Get Free Report)

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.

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