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

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

International Tower Hill Mines Trading Down 1.8 %

Shares of International Tower Hill Mines stock opened at $0.46 on Tuesday. International Tower Hill Mines has a twelve month low of $0.35 and a twelve month high of $0.80. The stock has a market cap of $90.88 million, a PE ratio of -22.95 and a beta of 1.18.

About International Tower Hill Mines

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.