International Tower Hill Mines (THM) Surges 37% on Antimony Breakthrough and Private Placement Momentum

Summary
• THM’s stock price rockets 37.07% intraday to $2.81, hitting its 52-week high of $2.85
• Company announces $3.9M non-brokered private placement to advance antimony recovery at Livengood Gold Project
• Technical indicators signal short-term bullish momentum with RSI at 68.75 and MACD crossing above signal line

International Tower Hill Mines (THM) has ignited a dramatic 37% surge in after-hours trading, driven by a breakthrough in antimony metallurgy studies and a $3.9M private placement. The stock’s intraday range of $2.045 to $2.85 underscores intense investor optimism, with the Livengood Gold Project’s antimony potential and institutional backing from Paulson & Co. and Kopernik Global Investors fueling the rally. This move positions THM at a critical inflection point, blending technical strength with strategic operational progress.

Antimony Metallurgy Breakthrough and Capital Raise Ignite Momentum
THM’s explosive 37% gain stems from two catalysts: (1) encouraging early results from its antimony metallurgy study at the Livengood Gold Project, which identified 54 stibnite veins with antimony grades up to 6.9%, and (2) a $3.9M private placement led by institutional investors. The study’s findings suggest antimony recovery could add value to the project, aligning with U.S. critical mineral demands. Additionally, the private placement, which raised 4.1% of outstanding shares, signals strong institutional confidence, with Paulson & Co. and Kopernik Global Investors committing capital. These developments validate the project’s potential to diversify revenue streams beyond gold, attracting speculative and strategic buyers.

Gold Sector Volatility Amid Antimony-Driven Outliers
ETF Positioning and Technical Setup for THM’s Volatile Rally
• Bold ETF: GDXJ (VanEck Vectors Gold Miners ETF) tracks junior gold producers, offering leveraged exposure to THM’s sector
• Technical Indicators: 200-day MA at $0.9079 (far below current price), RSI at 68.75 (neutral), MACD histogram at 0.0292 (bullish divergence)
• Bollinger Bands: Price at upper band ($2.1058), suggesting overbought conditions but strong momentum

THM’s technical profile favors a short-term long bias, with key support at $1.5662 and resistance at $2.85 (52-week high). The RSI’s 68.75 reading indicates moderate bullish momentum, while the MACD’s positive crossover suggests continued upward pressure. Given the absence of listed options, investors should consider GDXJ for sector exposure or GLD (SPDR Gold Shares) for physical gold correlation. Aggressive traders may target a breakout above $2.85, with a stop-loss below $2.1058 (Bollinger lower band).

Backtest International Tower Stock Performance
It looks like I couldn’t retrieve price data for “THM.A”, so I wasn’t able to identify the dates when it experienced an intraday surge of ≥ 37 %. To proceed with the back-test, could you please confirm one of the following?1. Ticker confirmation • Is “THM.A” the correct trading symbol (including the right exchange suffix)? • If not, what exact symbol should I use?2. Event-date information • If you already know some dates on which the stock jumped ≥ 37 % intraday, feel free to provide them so we can run the event back-test immediately. • Otherwise, once the correct ticker is confirmed, I’ll automatically scan the price series to detect all ≥ 37 % intraday moves from 2022-01-01 through today and then run the back-test for you.Let me know which option you prefer, and we’ll move straight to the analysis.

Position for THM’s Antimony-Driven Upside: Act on 52-Week High Breakout
THM’s 37% surge reflects a confluence of operational progress and capital inflows, positioning it as a high-conviction play in the gold-antimony space. The Livengood Project’s antimony potential, combined with institutional backing, suggests the rally could extend if metallurgical tests confirm recoverability. Investors should monitor the $2.85 level for a breakout confirmation and watch for follow-through volume. Meanwhile, the Gold sector leader Newmont (NEM) rose 1.42%, signaling broader sector strength. For THM, the path forward hinges on sustaining momentum above $2.1058 and executing on antimony value-add. Action: Buy THM at $2.81 with a $2.85 target and $2.10 stop-loss.