The stock of International Tower Hill Mines Ltd. (AMEX:THM) last traded at $0.71, up 16.39% from the previous session.
Data from the available sources indicates that International Tower Hill Mines Ltd. (AMEX:THM) is covered by 1 analysts. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $2.00 and a low of $2.00, we find $2.00. Given the previous closing price of $0.61, this indicates a potential upside of 227.87 percent. THM stock price is now 52.18% away from the 50-day moving average and 21.56% away from the 200-day moving average. The market capitalization of the company currently stands at $126.09M.
In total, 0 analysts have assigned it a hold rating, and 1 have given it a buy rating. Brokers who have rated the stock have averaged $2.00 as their price target over the next twelve months.
With the price target of $5, Barclays recently initiated with Overweight rating for International Tower Hill Mines Ltd. (AMEX: THM). On October 05, 2020, B. Riley Securities recently initiated its ‘Buy’ rating on the stock quoting a target price of $5, while ‘H.C. Wainwright’ rates the stock as ‘Buy’.
In other news, DRESCHER ANTON J, Director sold 60,300 shares of the company’s stock on Mar 23. The stock was sold for $78,390 at an average price of $1.30. Upon completion of the transaction, the Director now directly owns 731,676 shares in the company, valued at $0.52 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 22, Director DRESCHER ANTON J sold 19,800 shares of the business’s stock. A total of $25,740 was realized by selling the stock at an average price of $1.30. This leaves the insider owning 671,976 shares of the company worth $0.48 million. Insiders disposed of 240,000 shares of company stock worth roughly $0.17 million over the past 1 year. A total of 23.90% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in THM stock. A new stake in International Tower Hill Mines Ltd. shares was purchased by UBS GROUP AG during the first quarter worth $27,000. TWO SIGMA SECURITIES, LLC invested $16,000 in shares of THM during the first quarter. In the first quarter, VIRTU FINANCIAL LLC acquired a new stake in International Tower Hill Mines Ltd. valued at approximately $11,000. In total, there are 39 active investors with 25.80% ownership of the company’s stock.
With an opening price of $0.6300 on Thursday morning, International Tower Hill Mines Ltd. (AMEX: THM) set off the trading day. During the past 12 months, International Tower Hill Mines Ltd. has had a low of $0.38 and a high of $1.23. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 31.40, and a quick ratio of 31.40. The fifty day moving average price for THM is $0.4728 and a two-hundred day moving average price translates $0.5828 for the stock.
The latest earnings results from International Tower Hill Mines Ltd. (AMEX: THM) was released for Jun, 2022.
International Tower Hill Mines Ltd.(THM) Company Profile
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. The company was formerly known as Tower Hill Mines Ltd. and changed its name to International Tower Hill Mines Ltd. in March 1991. International Tower Hill Mines Ltd. was incorporated in 1978 and is headquartered in Vancouver, Canada.