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Research analysts at HC Wainwright initiated coverage on shares of International Tower Hill Mines (NYSE:THM) in a report released on Wednesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $1.00 price target on the stock. HC Wainwright’s price objective points to a potential upside of 42.86% from the company’s current price.

International Tower Hill Mines (NYSE:THM) opened at 0.70 on Wednesday. International Tower Hill Mines has a 52 week low of $0.30 and a 52 week high of $1.18. The stock has a 50-day moving average of $0.70 and a 200-day moving average of $0.69. The company’s market cap is $68.6 million.

International Tower Hill Mines Ltd. (NYSE:THM) is an exploration-stage company.

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