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

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

International Tower Hill Mines Stock Performance

NYSEAMERICAN THM opened at $0.68 on Monday. The stock has a market capitalization of $134.91 million, a price-to-earnings ratio of -33.78 and a beta of 1.19. International Tower Hill Mines has a 12 month low of $0.31 and a 12 month high of $0.80.

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

Hedge Funds Weigh In On International Tower Hill Mines

A hedge fund recently raised its stake in International Tower Hill Mines stock. Atria Wealth Solutions Inc. increased its stake in shares of International Tower Hill Mines Ltd. (NYSEAMERICAN:THM) (TSE:ITH) by 54.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,018 shares of the mining company’s stock after purchasing an additional 18,000 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in International Tower Hill Mines were worth $30,000 at the end of the most recent quarter. Hedge funds and other 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.