The stock of International Tower Hill Mines Ltd (THM) has seen a -9.78% decrease in the past week, with a -15.97% drop in the past month, and a -32.02% decrease in the past quarter. The volatility ratio for the week is 8.57%, and the volatility levels for the past 30 days are at 6.76% for THM. The simple moving average for the last 20 days is -10.24% for THM’s stock, with a simple moving average of -17.74% for the last 200 days.
Is It Worth Investing in International Tower Hill Mines Ltd (AMEX: THM) Right Now?
Company’s 36-month beta value is 1.18.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for THM is 171.05M, and currently, short sellers hold a 0.09% ratio of that floaft. The average trading volume of THM on July 19, 2024 was 104.62K shares.
THM) stock’s latest price update
International Tower Hill Mines Ltd (AMEX: THM)’s stock price has gone decline by -11.38 in comparison to its previous close of 0.51, however, the company has experienced a -9.78% decrease in its stock price over the last five trading days. prnewswire.com reported 2024-05-30 that VANCOUVER, BC, May 30, 2024 /PRNewswire/ – International Tower Hill Mines Ltd. (the “Company”) – (TSX: ITH) (NYSE American: THM) announces the results from its 2024 Annual General and Special Meeting of shareholders held in Vancouver, B.C.
Analysts’ Opinion of THM
Many brokerage firms have already submitted their reports for THM stocks, with Barclays repeating the rating for THM by listing it as a “Overweight.” The predicted price for THM in the upcoming period, according to Barclays is $5 based on the research report published on October 05, 2020 of the previous year 2020.
B. Riley Securities, on the other hand, stated in their research note that they expect to see THM reach a price target of $5. The rating they have provided for THM stocks is “Buy” according to the report published on October 05th, 2020.
H.C. Wainwright gave a rating of “Buy” to THM, setting the target price at $1 in the report published on August 13th of the previous year.
THM Trading at -21.97% from the 50-Day Moving Average
After a stumble in the market that brought THM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -43.63% of loss for the given period.
Volatility was left at 6.76%, however, over the last 30 days, the volatility rate increased by 8.57%, as shares sank -14.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -32.69% lower at present.
During the last 5 trading sessions, THM fell by -9.78%, which changed the moving average for the period of 200-days by +28.13% in comparison to the 20-day moving average, which settled at $0.4986. In addition, International Tower Hill Mines Ltd saw -22.91% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at THM starting from PAULSON & CO. INC., who purchase 2,268,256 shares at the price of $0.66 back on Jan 18 ’24. After this action, PAULSON & CO. INC. now owns 64,198,980 shares of International Tower Hill Mines Ltd, valued at $1,506,122 using the latest closing price.
Stock Fundamentals for THM
The total capital return value is set at -0.05. Equity return is now at value -5.81, with -5.78 for asset returns.
Currently, EBITDA for the company is -3.55 million with net debt to EBITDA at 0.72. The liquidity ratio also appears to be rather interesting for investors as it stands at 13.35.
Conclusion
In a nutshell, International Tower Hill Mines Ltd (THM) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
