Streetbeat News

THM

International Tower Hill Mines Ltd.

https://www.ithmines.com

Industry

Gold

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.

Open

0.46

Mkt cap

92M

Volume

92K

High

0.46

P/E Ratio

-23.05

52-wk high

0.80

Low

0.45

Div yield

N/A

52-wk low

0.34

Intl Tower Hill Mines (AMEX:THM) reported a Q2 EPS of $(0.01), which is unchanged from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 12:17 pm

International Tower Hill Mines Ltd. (THM) has completed a $2.5M non-brokered private placement, issuing 3,807,911 common shares at $0.664 each to existing major shareholders including Paulson & Co. Inc., Sprott Asset Management USA, Inc., and Kopernik Global Investors, LLC. The proceeds will be used for general working capital purposes. The shares are subject to a hold period in Canada and resale restrictions in the U.S. The transaction is considered a related party transaction, with exemptions from certain requirements.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 1:14 pm

On Wednesday, 179 companies reached new 52-week lows. Pfizer (NYSE:PFE) was the largest company to set a new 52-week low, while Gaucho Group Holdings (NASDAQ:VINO) was the smallest. EZGO Technologies (NASDAQ:EZGO)'s stock fell the most, dropping 78.43% to reach a new 52-week low. Protara Therapeutics (NASDAQ:TARA)'s stock made the biggest reversal, trading up 0.0% shortly after dropping to a new 52-week low.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 6:43 pm

In a recent virtual conference by Benzinga, experts discussed the potential for a new 'Supercycle' for gold miners. They highlighted factors such as Fed interest rates, market valuations, geopolitics, ESG, and technological innovation. Imaru Casanova from VanEck, Taylor McKenna from Kopernik Global Investors, and Luke Norman from US Gold Corp. (NYSE:USAU) presented their insights. Casanova identified Endeavor Mining PLC (OTCPK: EDVMF), Alamos Gold Inc. (NYSE:AGI), and Agnico Eagle Mines Ltd (NYSE:AEM) as top stock recommendations. McKenna highlighted Seabridge Gold Inc. (NYSE:SA), International Tower Hill Mines Ltd. (NYSE:THM), and Western Copper and Gold Corp. (NYSE:WRN) as attractive smaller companies. Norman discussed the potential of US Gold Corp. despite its current market discount.

Portfolio Pulse from Piero Cingari

July 24, 2023 | 4:54 pm

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