Sprott Inc. lessened its stake in International Tower Hill Mines Ltd. (NYSE:THM – Free Report) by 1.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,318,766 shares of the company’s stock after selling 375,271 shares during the period. Sprott Inc. owned 0.12% of International Tower Hill Mines worth $10,426,000 at the end of the most recent quarter.
International Tower Hill Mines Trading Down 2.5 %
Shares of THM stock opened at $0.48 on Wednesday. International Tower Hill Mines Ltd. has a 1 year low of $0.40 and a 1 year high of $0.80. The firm’s fifty day moving average price is $0.48. The firm has a market cap of $95.87 million, a PE ratio of -24.01 and a beta of 1.10.
Analyst Upgrades and Downgrades
Separately, StockNews.com initiated coverage on shares of International Tower Hill Mines in a research note on Monday. They issued a “sell” rating for the company.
International Tower Hill Mines Profile
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.
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