International Tower Hill Mines Ltd’s filing revealed that its 10% Owner PAULSON & CO. INC. acquired Company’s shares for reported $2.9 million on Mar 03 ’25. In the deal valued at $0.48 per share,6,040,408 shares were bought. As a result of this transaction, PAULSON & CO. INC. now holds 70,239,388 shares worth roughly $46.36 million.
Then, Electrum Strategic Opportuniti bought 1,152,091 shares, generating $553,119 in total proceeds. Upon buying the shares at $0.48, the 10% Owner now owns 28,765,672 shares.
Barclays initiated its International Tower Hill Mines Ltd [THM] rating to an Overweight in a research note published on October 05, 2020; the price target was $5. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who began to cover the stock in early October with a ‘”a Buy”‘ rating. H.C. Wainwright began covering THM with “Buy” recommendation on August 13, 2014. BMO Capital Markets revised its rating on April 15, 2013. It rated THM as “an Underperform” which previously was an “a Market perform”.
Price Performance Review of THM
On Monday, International Tower Hill Mines Ltd [AMEX:THM] saw its stock fall -0.44% to $0.66. Over the last five days, the stock has gained 8.52%. International Tower Hill Mines Ltd shares have risen nearly 45.37% since the year began. Nevertheless, the stocks have fallen -6.76% over the past one year. While a 52-week high of $0.80 was reached on 03/17/25, a 52-week low of $0.40 was recorded on 01/08/25. SMA at 50 days reached $0.5090, while 200 days put it at $0.5164.
Levels Of Support And Resistance For THM Stock
The 24-hour chart illustrates a support level at 0.6162, which if violated will result in even more drops to 0.5705. On the upside, there is a resistance level at 0.7404. A further resistance level may holdings at 0.8189. The Relative Strength Index (RSI) on the 14-day chart is 76.11, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0914, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 35.77%. Stochastics %K at 78.62% indicates the stock is a holding.
How much short interest is there in International Tower Hill Mines Ltd?
A steep rise in short interest was recorded in International Tower Hill Mines Ltd stocks on 2025-02-28, growing by 69467.0 shares to a total of 0.53 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 0.46 million shares. There was a rise of 13.18%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 02, 2009 when Thomas Weisel began covering the stock and recommended ‘”an Overweight”‘ rating along with a $6.50 price target.
