Is International Tower Hill Mines Ltd (AMEX: THM) A Disaster Waiting To Happen Or Is It A Chance To Make Money?

In the last trading session, 1.2 million International Tower Hill Mines Ltd (AMEX:THM) shares changed hands as the company’s beta touched 0.76. With the company’s per share price at $0.66 changed hands at $0.0 or -0.44% during last session, the market valuation stood at $137.62M. THM’s last price was a discount, traded about -21.21% off its 52-week high of $0.80. The share price had its 52-week low at $0.40, which suggests the last value was 39.39% up since then. When we look at International Tower Hill Mines Ltd’s average trading volume, we note the 10-day average is 0.52 million shares, with the 3-month average coming to 211.28K.

International Tower Hill Mines Ltd (AMEX:THM) trade information

Instantly THM was in red as seen at the end of in last trading. With action 8.52%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 45.37%, with the 5-day performance at 8.52% in the green. However, in the 30-day time frame, International Tower Hill Mines Ltd (AMEX:THM) is 29.02% up. Looking at the short shares, we see there were 0.53 million shares sold at short interest cover period of 2.98 days.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 2.47%.

THM Dividends

International Tower Hill Mines Ltd is expected to release its next quarterly earnings report in April.

International Tower Hill Mines Ltd (AMEX:THM)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 0.50% of International Tower Hill Mines Ltd shares while 70.47% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 70.82%. There are 70.47% institutions holding the International Tower Hill Mines Ltd stock share, with PAULSON & CO. INC. the top institutional holder. As of 2024-06-30, the company held 32.2637% of the shares, roughly 64.2 million THM shares worth $31.74 million.

SPROTT INC. holds the second largest percentage of outstanding shares, with 12.7927% or 25.46 million shares worth $12.64 million as of 2024-06-30.

Among Mutual Funds, the top two as of Oct 31, 2024 were Advisors Inner Circle Fund II-Kopernik Global All Cap Fund and Sprott Gold Equity Fund . With 6.55 shares estimated at $4.33 million under it, the former controlled 3.15% of total outstanding shares. On the other hand, Sprott Gold Equity Fund held about 1.73% of the shares, roughly 3.6 shares worth around $2.38 million.