International Tower Hill Mines Ltd. (NYSE:THM) Shares Sold by Sprott Inc.

Sprott Inc. lowered its stake in shares of International Tower Hill Mines Ltd. (NYSE:THM) by 1.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,318,766 shares of the company’s stock after selling 375,271 shares during the quarter. Sprott Inc. owned approximately 11.68% of International Tower Hill Mines worth $10,426,000 at the end of the most recent reporting period.

International Tower Hill Mines Price Performance

International Tower Hill Mines stock opened at $0.48 on Wednesday. International Tower Hill Mines Ltd. has a 52-week low of $0.40 and a 52-week high of $0.80. The firm has a market cap of $95.87 million, a price-to-earnings ratio of -24.01 and a beta of 1.10. The firm’s 50-day moving average price is $0.48.

Analyst Ratings Changes

Separately, StockNews.com started coverage on International Tower Hill Mines in a research note on Monday. They issued a “sell” rating on the stock.

International Tower Hill Mines Company Profile

International Tower Hill Mines Ltd. is a Canada-based resource exploration company possessing a portfolio of Alaskan and Nevada based gold and base metal exploration projects. The Company is currently focused on the Livengood Gold Project located in the north of Fairbanks, Alaska. International Tower Hill Mines Ltd.