Insider Buying: International Tower Hill Mines (NYSE:THM) Major Shareholder Purchases $6,999,999.66 in Stock

International Tower Hill Mines Ltd. (NYSE:THM) major shareholder Global Holdings L.P. Electrum acquired 3,153,153 shares of the firm’s stock in a transaction that occurred on Tuesday, January 27th. The stock was acquired at an average price of $2.22 per share, for a total transaction of $6,999,999.66. Following the completion of the transaction, the insider directly owned 3,153,153 shares in the company, valued at approximately $6,999,999.66. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

International Tower Hill Mines Trading Down 12.7%

NYSE:THM opened at $2.61 on Friday. The company has a market capitalization of $542.58 million, a P/E ratio of -130.50 and a beta of 0.71. The firm has a 50-day moving average price of $2.09 and a two-hundred day moving average price of $1.74. International Tower Hill Mines Ltd. has a twelve month low of $0.45 and a twelve month high of $3.65.

More International Tower Hill Mines News

Here are the key news stories impacting International Tower Hill Mines this week:

• Positive Sentiment: Paulson & Co. increased its THM stake with two recent buys (Jan. 28 and Jan. 29) totaling ~11.3M shares at about $2.22 each — the filings show Paulson now owns roughly 99.6M shares, signaling large‑scale insider accumulation that likely supported the recent rally. Paulson Form 4
• Positive Sentiment: Global Holdings L.P. (Electrum) disclosed a purchase of 3,153,153 shares at ~ $2.22 per share; multiple institutional buys this week have increased visible insider ownership and investor interest. Electrum SEC Filing
• Neutral Sentiment: Market/coverage pieces are reassessing THM’s valuation after recent equity raises and the wave of institutional backing; analysts and investors will be watching how these positions change valuation expectations for the Livengood project. Valuation Article
• Negative Sentiment: Despite the buying, the stock pulled back from recent highs amid heavy volume — short‑term profit‑taking and higher volatility followed the insider-driven run. THM remains a development‑stage gold company (negative P/E, project/permitting risk), so execution and permitting headlines will continue to drive large price moves. MarketBeat Insider Trades 1‑Year High Coverage

Hedge Funds Weigh In On International Tower Hill Mines

Institutional investors have recently made changes to their positions in the stock. Marshall Wace LLP purchased a new stake in shares of International Tower Hill Mines in the second quarter valued at $32,000. XTX Topco Ltd lifted its holdings in International Tower Hill Mines by 97.7% in the 2nd quarter. XTX Topco Ltd now owns 59,074 shares of the company’s stock valued at $51,000 after purchasing an additional 29,186 shares in the last quarter. Captrust Financial Advisors acquired a new stake in shares of International Tower Hill Mines during the 2nd quarter worth about $69,000. Jane Street Group LLC purchased a new stake in shares of International Tower Hill Mines during the second quarter worth about $77,000. Finally, Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of International Tower Hill Mines by 589.1% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 120,600 shares of the company’s stock worth $104,000 after buying an additional 103,100 shares in the last quarter. 54.63% of the stock is owned by institutional investors and hedge funds.

About International Tower Hill Mines

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.