We're Keeping An Eye On International Tower Hill Mines' (TSE:ITH) Cash Burn Rate [Yahoo! Finance]
International Tower Hill Mines, Ltd. Ordinary Shares (Canada) (THM)
NASDAQ:AMEX Investor Relations:
ithmines.com
Company Research
Source: Yahoo! Finance
listing, if you had bought and held the shares since 1999, you would have made a fortune. Nonetheless, only a fool would ignore the risk that a loss making company burns through its cash too quickly. So, the natural question for International Tower Hill Mines (TSE:ITH) shareholders is whether they should be concerned by its rate of cash burn. For the purposes of this article, cash burn is the annual rate at which an unprofitable company spends cash to fund its growth; its negative free cash flow. The first step is to compare its cash burn with its cash reserves, to give us its 'cash runway'. View our latest analysis for International Tower Hill Mines When Might International Tower Hill Mines Run Out Of Money? A company's cash runway is calculated by dividing its cash hoard by its cash burn. In September 2023, International Tower Hill Mines had US$2.4m in cash, and was debt-free. In the last year, its cash burn was US$3.1m. So it had a cash runway of approximately 9 months from
Show less
Read more
Impact Snapshot
Event Time:
THM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
THM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
THM alerts
High impacting International Tower Hill Mines, Ltd. Ordinary Shares (Canada) news events
Weekly update
A roundup of the hottest topics
THM
Sec Filings
- 4/19/24 - Form DEF
- 4/9/24 - Form S-8
- 3/8/24 - Form 10-K
- THM's page on the SEC website