International Tower Hill Mines (NYSE:THM) Earns Sell Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of International Tower Hill Mines (NYSE:THM) in a report published on Sunday morning. The brokerage issued a sell rating on the stock.

International Tower Hill Mines Price Performance

NYSE:THM opened at $0.51 on Friday. The firm has a market cap of $102.24 million, a price-to-earnings ratio of -25.60 and a beta of 1.10. International Tower Hill Mines has a twelve month low of $0.40 and a twelve month high of $0.80. The business’s 50 day moving average is $0.48.

Institutional Trading of International Tower Hill Mines

Several institutional investors have recently added to or reduced their stakes in THM. Hemenway Trust Co LLC bought a new stake in International Tower Hill Mines in the 4th quarter valued at $38,000. Tradition Wealth Management LLC bought a new stake in International Tower Hill Mines in the 4th quarter valued at $28,000. Dauntless Investment Group LLC bought a new stake in International Tower Hill Mines in the 4th quarter valued at $106,000. Finally, Northern Trust Corp bought a new stake in International Tower Hill Mines in the 4th quarter valued at $46,000. 54.63% of the stock is currently owned by institutional investors.

About International Tower Hill Mines

International Tower Hill Mines Ltd. is a Canada-based resource exploration company possessing a portfolio of Alaskan and Nevada based gold and base metal exploration projects. The Company is currently focused on the Livengood Gold Project located in the north of Fairbanks, Alaska. International Tower Hill Mines Ltd.