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

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

International Tower Hill Mines Price Performance

THM opened at $0.64 on Wednesday. International Tower Hill Mines has a fifty-two week low of $0.31 and a fifty-two week high of $0.80.

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

Institutional Investors Weigh In On International Tower Hill Mines

A hedge fund recently raised its stake in International Tower Hill Mines stock. Atria Wealth Solutions Inc. boosted 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 disclosure with the SEC. The institutional investor 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 at the end of the most recent quarter. 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.