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

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

International Tower Hill Mines Price Performance

Shares of International Tower Hill Mines stock opened at $0.68 on Monday. The stock has a market cap of $135.69 million, a PE ratio of -33.98 and a beta of 1.19. International Tower Hill Mines has a one year low of $0.31 and a one year high of $0.80.

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

Institutional Trading of International Tower Hill Mines

An institutional investor recently raised its position in International Tower Hill Mines stock. Atria Wealth Solutions Inc. increased its holdings in shares of International Tower Hill Mines Ltd. (NYSEAMERICAN:THM) (TSE:ITH) by 54.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm 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. Institutional investors own 54.63% of the company’s stock.

About International Tower Hill Mines

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.