Stocks/THM

THM

International Tower Hill Mines Ltd.
Basic Materials·Gold
$2.71
$561M market cap
Revenue
$0.0M
Free Cash Flow
$0.8M
Rev Growth
+0.0%
FCF Margin
0.0%
P/FCF
662.1x
EV/FCF
526.8x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--

International Tower Hill Mines Ltd., a mineral exploration company, engages in the acquisition, exploration, and development of mineral properties. It holds or has rights to acquire interests in the Livengood gold project covering an area of approximately 19,546 hectares located to the northwest of Fairbanks, Alaska. The company was formerly known as Tower Hill Mines Ltd. and changed its name to International Tower Hill Mines Ltd. in March 1991. International Tower Hill Mines Ltd. was incorporat

2-Year Price History

$2.39+312.1%
$0.50$1.0$1.5$2.0$2.5$3.0$3.5volJun 24Oct 24Jan 25May 25Sep 25Jan 26May 26

Quarterly Financials & Projections

Quarterly Waterfall ($ M)
PeriodRevEBITDAOpInNIOCFFCFCapExCashDebtSharesROICIntCovEV/EBITDA
Act2026-Q10.0-0.2-0.22.31.81.8-0.0114.70.0248.4-0.5%----
Act2025-Q40.0-1.3-1.3-1.3-0.9-0.9-0.01.40.0207.9-28.6%----

Valuation & Metrics

Market Stats

Price$2.71
Market Cap$561M
Enterprise Value$446M
P/S Ratio0.0x
P/FCF662.1x
EV/FCF526.8x
FCF Margin (TTM)0.0%
FCF Yield0.2%
Dividend Yield (TTM)--
Annual Dilution0.0%
CurrencyUSD

TTM Financial Snapshot

Revenue$0.0M
Net Income$1.0M
Free Cash Flow$0.8M

Revenue Growth (YoY)+0.0%
EBITDA Margin0.0%
Net Margin0.0%
FCF Margin0.0%
CapEx % of Revenue0.0%
SBC % of Revenue0.0%
ROIC-14.5%
WC Change % Rev0.0%
Interest Coverage--

Forward Outlook & Risk

Short Interest

Short % of Float--
Short Shares3.6M
Days to Cover2.9
Change (vs Prior)+4.9%
Need at least 2 settlement dates for chart

Employees

Headcount3
Revenue / Employee$0
Gross Profit / Employee$-11,301

Institutional Ownership

Headline & net flow

NEUTRAL
Net flow · still filing
No float data — flow unavailable.

Ownership composition

Active
85.4%(+71.6% YoY)
60 filers
hedge / family / endowment
Retail funds
Fidelity, Schwab, 401(k)
Passive
0.0%(+0.0% YoY)
1 filers
Vanguard, iShares, SPDR
Market makers
0.1%(+0.1% YoY)
2 filers
Citadel, Susquehanna
Insiders
Form 4 — latest per insider
0%25%50%75%100%2022-062023-032023-122024-092025-062026-03
ActiveRetail fundsPassiveMarket makersRetail direct

Top holders

Fund$ valueCost basisΔ QoQΔ YoYα lifeFund AUM
PAULSON & CO. INC.$229M$1.94+$67.5M+$67.5M+0.4%$3.11B
Electrum Group LLC$73.4M$1.90+$7.3M+$73.4M-0.9%$1.08B
Kopernik Global Investors, LLC$40.6M$2.08+$7.4M+$7.4M+3.3%$1.43B
SPROTT INC.$23.0M$0.71−$22.6M−$27.0M+1.7%$3.29B
Greenwich Wealth Management LLC$23.0M$2.30+$23.0M+$23.0M+0.4%$2.44B
TEACHER RETIREMENT SYSTEM OF TEXAS$14.4M$2.30+$14.4M+$14.4M+0.5%$24.00B
FMR LLC$10.9M$2.30+$10.9M+$10.9M-0.0%$1.89T
FRANKLIN RESOURCES INC$10.3M$2.30+$10.3M+$10.3M-0.2%$403.03B
ACADIAN ASSET MANAGEMENT LLC$2.1M$2.13+$1.5M+$2.1M-0.5%$70.48B
Russell Investments Group, Ltd.$1.7M$0.69−$10K−$3.6M+1.5%$93.03B
SEI INVESTMENTS CO$1.4M$0.51+$0+$0-0.4%$108.06B
Connor, Clark & Lunn Investment Management Ltd.$1.2M$1.81+$613K+$1.2M+0.6%$43.38B
EVOKE WEALTH, LLC$733K$0.60+$0+$0-0.6%$5.42B
VAN ECK ASSOCIATES CORP$660K$2.30+$660K+$660K+0.8%$133.17B
BANK OF AMERICA CORP /DE/$657K$2.18+$656K+$657K-0.1%$1.36T
Covalis Capital LLP$541K$2.30+$541K+$541K+1.5%$1.62B
JANE STREET GROUP, LLCMM$455K$1.50+$154K+$455K-0.1%$92.10B
CWA Asset Management Group, LLC$359K$1.52+$63K+$336K+0.3%$2.92B
NATIONAL BANK OF CANADA /FI/$356K$2.26+$364K+$355K-0.6%$97.70B
RENAISSANCE TECHNOLOGIES LLC$298K$1.21+$65K+$298K+1.2%$63.91B
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.

Trading behavior

Smart-money alpha (lifetime, %/qtr)BEARISH
Holders
+0.82%
avg per quarter
Holders (ex-self)
+0.49%
excl. this stock
Buyers (this Q)
+0.64%
33 buyers · $0.20B in
Sellers (this Q)
+1.63%
13 sellers · $0.01B out
alpha coverage: 100% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
-8.9%
how holders react when this stock falls
On quiet Qs
+36.0%
−10% to +10% baseline
On rallies (+10%+)
-0.7%
how they react when this stock rises
Holders' portfolio flow this Q
-1.2%
outflows — trims may be forced
Sellers' portfolio flow this Q
+4.9%
Sellers grew AUM elsewhere — opinionated cut of this stock.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
+0.8%
Holder mid (any stock)
-0.7%
Holder rally (any stock)
+0.8%

Top Holders Over Time

5-year share-count history (top 10 holders by peak, incl. exited) + price

046.6M93.1M139.7M186.2M$0.35$0.84$1.32$1.81$2.302021-062022-062023-062024-062025-062026-03
hover the chart for per-quarter detailprice (right axis)
PAULSON & CO. INC.99.6MElectrum Group LLC31.9MKopernik Global Investors, LLC17.7MSPROTT INC.10.0MGreenwich Wealth Management LLC10.0MTEACHER RETIREMENT SYSTEM OF TEXAS6.3MFMR LLC4.8MFRANKLIN RESOURCES INC4.5MRussell Investments Group, Ltd.734KACADIAN ASSET MANAGEMENT LLC905K

Analyst Coverage

Analyst Coverage
Analyst Ratings
2
1
Buy: 2Hold: 1Consensus: Buy

Corporate

Insider Trading (last 12mo)

Open-market only (Form 4 P-Purchase + S-Sale). Excludes grants, option exercises, tax withholding, gifts.
Major holders (≥10% beneficial owners)
Buys ($, 12mo)
$84.70M
5 txns · 2 insiders · 37,400,468 sh
Sells ($, 12mo)
$0
0 txns · 0 insiders · 0 sh
Recent transactions
DateSideInsiderTitleSharesPriceDollarsOwned $
2026-04-16BUYPAULSON & CO. INC.10 percent owner4,913,665$2.56$12.58M$267.49M
2026-01-29BUYPAULSON & CO. INC.10 percent owner1,501,982$2.22$3.33M$221.05M
2026-01-28BUYPAULSON & CO. INC.10 percent owner9,813,650$2.22$21.79M$217.72M
2026-01-27BUYELECTRUM GLOBAL HOLDINGS L.P.10 percent owner3,153,153$2.22$7.00M$7.00M
2026-01-27BUYPAULSON & CO. INC.10 percent owner18,018,018$2.22$40.00M$195.93M

Order Flow (FINRA, ~3w lag)

39.2%retail+4.5pp
10.3%dark-6.0pp
week of 2026-04-13
0%20%40%60%80%24-1125-0225-0525-0825-1126-0226-04retail (non-ATS)dark (ATS)
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.

Filing Risk Analysis

Filing Risk Scores

International Tower Hill Mines: A Perpetual Financing Vehicle Masked as a Gold Project

Overall Risk
7/10
Fraud
3/10
Dilution
9/10
Insolvency
4/10
Earnings Overstated
2/10
Hidden Liabilities
5/10
Legal
2/10
Audit Warnings
6/10
Hidden Upside
4/10
Contextually Acceptable
6/10