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

Equities researchers at StockNews.com began coverage on shares of International Tower Hill Mines (NYSEAMERICAN:THM) (TSE:ITH) in a research report issued on Thursday. The firm set a “sell” rating on the mining company’s stock.

International Tower Hill Mines Stock Performance

NYSEAMERICAN THM opened at $0.51 on Thursday. International Tower Hill Mines has a 52 week low of $0.31 and a 52 week high of $0.80. The firm has a market cap of $101.42 million, a PE ratio of -25.40 and a beta of 1.19.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of THM. Atria Wealth Solutions Inc. increased its position in shares of International Tower Hill Mines by 54.5% during the 4th quarter. Atria Wealth Solutions Inc. now owns 51,018 shares of the mining company’s stock worth $30,000 after purchasing an additional 18,000 shares during the last quarter. Russell Investments Group Ltd. increased its position in shares of International Tower Hill Mines by 1.0% during the 1st quarter. Russell Investments Group Ltd. now owns 2,878,009 shares of the mining company’s stock worth $1,984,000 after purchasing an additional 28,358 shares during the last quarter. Finally, Herr Investment Group LLC acquired a new stake in shares of International Tower Hill Mines during the 1st quarter worth about $1,416,000. 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.