International Tower Hill Mines Ltd (AMEX:THM) does about 189.71K shares in volume on a normal day but saw 1398091 shares change hands in the recent trading day. The company now has a market cap of 106.04M USD. Its current market price is $0.53, marking an increase of 10.63% compared to the previous close of $0.48. The 52 week high reached by this stock is $0.80 whilst the lowest price level in 52 weeks is $0.40.
International Tower Hill Mines Ltd (THM) has a 20-day trading average at $0.4602 and the current price is -33.62% off the 52-week high compared with 32.75% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.5474 and its 200-day simple moving average is $0.5664. If we look at the stock’s price movements over the week, volatility stands at 9.12%, which decreases to 7.33% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 57.68 to suggest the stock is neutral.
The consensus objective for the share price is $2.00, suggesting that the stock has a potential upside of 73.5% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on October 05, 2020 when Barclays initiated the stock to “Overweight” and issued a price target of $5. H.C. Wainwright initiated its price target at $1.
The current price level is 15.39%, -2.99%, and -6.26% away from its SMA20, SMA50, and SMA200 respectively, with the THM price moving above the 50-day SMA on current market day. International Tower Hill Mines Ltd (THM) stock is up 15.99% over the week and 6.20% over the past month. Its price is -9.23% year-to-date and 11.72% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
To reach the target analysts have set, the stock logically needs to grow 73.5 percent from here.
Outstanding shares total 199.69M with insiders holding 0.51% of the shares and institutional holders owning 71.91% of the company’s common stock. The company has a return on investment of -5.88% and return on equity of -5.85%. The beta has a value of 1.10. Price to book ratio is 1.86.
