StockNews.com Initiates Coverage on International Tower Hill Mines (NYSEAMERICAN:THM)

Equities research analysts at StockNews.com began coverage on shares of International Tower Hill Mines (NYSEAMERICAN:THM) (TSE:ITH) in a research report issued on Tuesday. The firm set a “sell” rating on the mining company’s stock.

International Tower Hill Mines Stock Performance

Shares of International Tower Hill Mines stock opened at $0.46 on Tuesday. The firm has a market cap of $91.82 million, a PE ratio of -22.99 and a beta of 1.18. International Tower Hill Mines has a 12 month low of $0.34 and a 12 month high of $0.80.

International Tower Hill Mines Company Profile

International Tower Hill Mines Ltd. engages in the acquisition, exploration, and development of mineral properties. It holds 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.