Do Analysts Expect International Tower Hill Mines Ltd (THM) Stock to Rise?

Monday, November 23, 2020 03:24 PM | InvestorsObserver Analysts

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Analysts who follow International Tower Hill Mines Ltd (THM) on average expect it to rise 267.65% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy.

That average rating earns THM an Analyst Ranking of 79, which means it ranks higher than 79 of stocks, based on data compiled by InvestorsObserver.

Wall Street analysts are rating THM a Strong Buy today. Find out what this means to you and get the rest of the rankings on THM!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.

InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With International Tower Hill Mines Ltd Stock Today?

International Tower Hill Mines Ltd (THM) stock has fallen -7.48% while the S&P 500 has risen 0.37% as of 3:08 PM on Monday, Nov 23. THM has fallen -$0.11 from the previous closing price of $1.47 on volume of 1,210,470 shares. Over the past year the S&P 500 has risen 13.95% while THM has risen 166.67%. THM lost -$0.02 per share the over the last 12 months.

Click Here to get the full report on International Tower Hill Mines Ltd (THM) Stock.

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