THM INTERNATIONAL TOWER HILL MINES LTD Insider Trading

Paulson & Co. (10% owner) purchases 4,913,665 shares of THM at $2.56 for $12,578,982.40

Paulson & Co. increased its stake by 4,913,665 shares (4.9% relative increase) in a $12.6M open-market acquisition, bringing total holdings to 104,486,703 shares. The timing aligns with recent momentum: THM has risen 30.3% over 30 days and 10.7% over 90 days, following three consecutive buys by the same insider in late January 2026 that each posted 50.9%–58.1% gains within 30 days. Against this pattern of recent strength, the company remains unprofitable (net income: $-732.3K) and the current price of $2.58 sits 28.5% below the 52-week high of $3.61. The intersection of sustained accumulation by a significant shareholder, strong recent price momentum, and continued negative fundamentals creates a mixed signal worthy of scrutiny: the insider is adding to a position that has proven profitable in the short term but in a fundamentally challenged business.

PAULSON & CO. INC. (10% Owner) bought 11,315,632 shares at $2.22 in 2 purchases for $25,120,703.04

PAULSON & CO. INC., a significant 10% owner, deployed $25.1M to acquire 11,315,632 shares across 2 open-market purchases on consecutive days at a blended average price of $2.22, increasing its holding by 12.8% from 88.26M to 99.57M shares. The company is unprofitable (net income of $-732,303.00 over the most recent full fiscal year), and the stock currently trades at $2.61, down 15.3% from its 52-week high but up 40.3% over the past 30 days and 45.8% over 90 days. At the same ticker, PAULSON achieved measurable outcomes on 2 prior buys: a 10.8% 30-day return and 68.4% 90-day return on a 2025-03-03 purchase, but a -12.0% 30-day and -0.1% 90-day return on a 2024-01-18 purchase (1 of 2 prior buys well-timed at the 90-day mark). The cross-ticker track record shows 5 prior buys with 66.67% 90-day win rate and a +33.2% average 90-day return, indicating a pattern of buys that have historically appreciated within 90 days more often than not.

ELECTRUM GLOBAL HOLDINGS L.P. acquires 3,153,153 shares of THM at $2.22, establishing 10% stake worth $7.0M

ELECTRUM GLOBAL HOLDINGS L.P. purchased 3,153,153 shares at $2.22 on 2026-01-27 for $6,999,999.66, establishing a 10% ownership position in INTERNATIONAL TOWER HILL MINES LTD. The transaction occurs as the stock trades at $2.99, within 2.9% of its 52-week high of $3.08, and follows a 67.0% 90-day rally, meaning the buyer entered near recent peaks. The underlying company posted net income of -$732,303.00 over its most recent full fiscal year, indicating ongoing unprofitability. A 10% institutional stake acquisition at elevated valuations relative to 52-week range and amid company financial losses warrants investor attention to the acquirer's strategic rationale and long-term conviction.

Paulson & Co. (10% owner) acquired 18,018,018 shares of THM for $39,999,999.96 on 2026-01-27, expanding stake to 88.26M shares (+25.7%).

Paulson & Co., already a 10% shareholder, deployed $40.0M to acquire 18,018,018 shares at $2.22, increasing its position by 25.7% to 88.26M shares. The purchase price of $2.22 is substantially below the current $2.87 price, and the stock has risen 38.0% over the past 30 days and 54.3% over 90 days, putting it at the 52-week high. At the same ticker, Paulson's prior two acquisitions showed mixed results: a March 2025 buy gained 68.4% at 90 days, but a January 2024 buy returned -0.1% at 90 days, establishing a 50% success rate on prior THM purchases. The company reported negative full-year net income of $-732,303.00, making this a material commitment to an unprofitable miner at a price point that now appears, in hindsight, substantially discounted relative to current market levels.

Paulson & Co. (10% owner) buys 6,040,408 shares of THM at $0.48, raising stake to 70,239,388 shares (+9.4%); stock currently $0.50.

Paulson & Co. purchased 6,040,408 shares of International Tower Hill Mines at $0.48, increasing its position from 64,198,980 to 70,239,388 shares, a 9.4% increase in holdings. This $2,899,999.88 acquisition represents a meaningful capital commitment by a significant shareholder in a micro-cap mining exploration company with a market cap of $97,942,765.50 and negative net income of $-667,302.00 over its most recent fiscal year. Notably, the insider's prior trade at THM (a buy on 2024-01-18) showed a 90-day return of -0.1%, and across the insider's cross-ticker track record, 0 of 1 prior buys achieved positive 90-day returns, suggesting a mixed historical pattern of buy timing. The current price of $0.50 reflects an 8.4% gain over 30 days and a 10.1% gain over 90 days from the transaction, but remains 37.5% below the 52-week high, indicating potential longer-term headwinds in the stock.

10% owner Electrum buys 1,152,091 shares (THM) for $553,118.89 at $0.48 amid unprofitable operations.

Electrum Strategic Opportunities Fund II L.P., a 10% owner, purchased 1,152,091 shares at $0.48 on 2025-02-27, expanding holdings from 27,613,581 to 28,765,672 shares. The acquisition occurs while International Tower Hill Mines is unprofitable, with net income of $-667,302.00 for the most recent full fiscal year, and at a stock price of $0.48 that sits -41.2% below the 52-week high of $0.80. This purchase represents a discretionary increase in an already-significant stake by an established fund investor, though the company's negative earnings and depressed valuation relative to recent highs provide material context for evaluating the transaction's underlying merit.