International Tower Hill Mines (NYSE:THM) Trading Down 5.6% – Here’s What Happened

Posted by Dante Gardener on Aug 31st, 2026

Shares of International Tower Hill Mines Ltd. (NYSE:THM – Get Free Report) dropped 5.6% during trading on Monday . The company traded as low as $2.46 and last traded at $2.4550. 262,271 shares were traded during trading, a decline of 81% from the average daily volume of 1,409,677 shares. The stock had previously closed at $2.60.

International Tower Hill Mines Trading Down 5.4%

The company has a market capitalization of $643.63 million, a PE ratio of -123.00 and a beta of 0.96. The stock’s 50-day moving average is $2.27 and its two-hundred day moving average is $2.43.

Institutional Trading of International Tower Hill Mines

Large investors have recently made changes to their positions in the stock. Corient Private Wealth LP bought a new stake in International Tower Hill Mines during the 2nd quarter valued at about $25,000. Ketron Financial bought a new position in International Tower Hill Mines in the 4th quarter worth about $28,000. Marshall Wace LLP purchased a new position in shares of International Tower Hill Mines during the second quarter worth approximately $32,000. Two Sigma Securities LLC purchased a new position in shares of International Tower Hill Mines during the second quarter worth approximately $40,000. Finally, Tudor Investment Corp ET AL bought a new stake in shares of International Tower Hill Mines during the fourth quarter valued at approximately $41,000. 54.63% of the stock is owned by hedge funds and other institutional investors.

About International Tower Hill Mines

(Get Free Report)

International Tower Hill Mines Ltd. (NYSE American: THM) is a mineral exploration and development company focused on advancing its flagship Livengood gold project in Alaska, United States. Headquartered in Vancouver, Canada, the company’s primary business activity is the exploration, permitting and feasibility study of the Livengood deposit, which hosts a large-scale, low‐sulfidation gold system. Through systematic drilling programs and resource modeling, International Tower Hill Mines aims to define and expand gold resources while advancing environmental and engineering studies toward a potential mining operation.

The Livengood project, situated approximately 70 miles northwest of Fairbanks, Alaska, has been the focal point of International Tower Hill Mines’ efforts since acquiring the property in 2011.