On the 2nd of September, Paulson & Co. bought 2.3 million International Tower Hill Mines Ltd. (THM) shares for $ 3.3 million at an average price of $ 1.40 per share. Shares of International Tower Hill Mines Ltd. are down -0.72% since the transaction.
Paulson & Co.’s holding in International Tower Hill Mines Ltd. increased to about 62 million shares with the purchase.
Paulson & Co. first bought International Tower Hill Mines Ltd. stock in the third quarter of 2010. Paulson & Co. also owns AngloGold Ashanti Limited (AU), SPDR Gold Shares (NYSE:), NovaGold Resources Inc. (NG) and Trilogy Metals Inc. (NYSE:). International Tower Hill Mines Ltd. is its number four position by number of shares and market value among gold & silver stocks.
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