Short Interest in International Tower Hill Mines Ltd (THM) Declines By 2.3%

International Tower Hill Mines Ltd (NYSEAMERICAN:THM) (TSE:ITH) was the target of a significant decrease in short interest in December. As of December 31st, there was short interest totalling 732,336 shares, a decrease of 2.3% from the December 14th total of 749,377 shares. Based on an average trading volume of 100,784 shares, the short-interest ratio is currently 7.3 days.

Shares of NYSEAMERICAN:THM opened at $0.51 on Friday. International Tower Hill Mines has a 52-week low of $0.35 and a 52-week high of $0.78.

International Tower Hill Mines (NYSEAMERICAN:THM) (TSE:ITH) last announced its quarterly earnings results on Friday, November 2nd. The mining company reported ($0.01) earnings per share (EPS) for the quarter.

An institutional investor recently bought a new position in International Tower Hill Mines stock. Russell Investments Group Ltd. bought a new stake in International Tower Hill Mines Ltd (NYSEAMERICAN:THM) (TSE:ITH) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,130,443 shares of the mining company’s stock, valued at approximately $571,000. Russell Investments Group Ltd. owned approximately 0.61% of International Tower Hill Mines as of its most recent SEC filing.

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International Tower Hill Mines Company Profile

International Tower Hill Mines Ltd., a mineral exploration company, acquires and explores for mineral properties Canada and the United States. It holds or has rights to acquire ownership or leasehold 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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