StockNews.com Begins Coverage on International Tower Hill Mines (NYSE:THM)

StockNews.com initiated coverage on shares of International Tower Hill Mines (NYSE:THMGet Rating) in a research note released on Saturday morning. The brokerage issued a sell rating on the stock.

THM stock opened at $0.70 on Friday. The firm has a market capitalization of $135.74 million, a P/E ratio of -23.17 and a beta of 0.51. The business has a 50-day moving average of $0.92. International Tower Hill Mines has a fifty-two week low of $0.62 and a fifty-two week high of $1.23.

International Tower Hill Mines (NYSE:THMGet Rating) last posted its quarterly earnings data on Wednesday, March 9th. The company reported ($0.01) earnings per share for the quarter, hitting the consensus estimate of ($0.01). On average, equities analysts forecast that International Tower Hill Mines will post -0.02 earnings per share for the current fiscal year.

About International Tower Hill Mines (Get Rating)

International Tower Hill Mines Ltd., a mineral exploration company, engages in the acquisition, exploration, and development of mineral properties. It holds or has rights to acquire interests in the Livengood gold project covering an area of approximately 19,546 hectares located to the northwest of Fairbanks, Alaska.

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