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

Equities researchers at StockNews.com assumed coverage on shares of International Tower Hill Mines (NYSE:THMGet Free Report) in a research note issued to investors on Wednesday. The firm set a “sell” rating on the stock.

International Tower Hill Mines Trading Down 8.7 %

NYSE:THM opened at $0.42 on Wednesday. The company has a market cap of $82.03 million, a price-to-earnings ratio of -42.00 and a beta of 0.74. International Tower Hill Mines has a fifty-two week low of $0.37 and a fifty-two week high of $0.75.

International Tower Hill Mines Company Profile

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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.

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