International Tower Hill Mines Ltd: insider trades · United States · SEC (Form 4)

About International Tower Hill Mines Ltd

International Tower Hill Mines Ltd. (ticker: THM) is a gold-focused development-stage mining company listed on NYSE American in the United States. For French-speaking investors, THM is best understood as a single-asset precious-metals story rather than a diversified mining group. The company is incorporated in British Columbia, Canada, but its principal executive office is in Vancouver and its core asset is located in Alaska, United States, giving it a distinctly North American footprint. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001134115/000110465926026416/thm-20251231x10k.htm?utm_source=openai)) The company’s business model is straightforward: acquire, explore, evaluate, and advance mineral properties. As of year-end 2025, International Tower Hill Mines held a 100% interest in the Livengood Gold Project in Alaska. It has not yet started commercial production, so the investment case is driven by project advancement, technical de-risking, permitting progress, capital access, and the market’s view of the gold price environment rather than by operating cash flow. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001134115/000110465926026416/thm-20251231x10k.htm?utm_source=openai)) Historically, the company has been active for many years in the junior mining space, and its recent SEC filings refer to an incentive stock option plan originally adopted in 2006, underlining its long-running corporate history. The Livengood project has been the strategic centerpiece for years. Recent SEC disclosures indicate substantial proven and probable reserves, together with measured and indicated resources, which makes Livengood a sizeable gold development asset by junior-miner standards. At the same time, the project remains subject to the usual risks of large-scale mine development, including engineering execution, environmental approvals, financing needs, and cost inflation. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001134115/000110465925108150/thm-20250930x10q.htm?utm_source=openai)) From a competitive standpoint, THM occupies the profile of a capital-intensive gold developer. It is not a producer with recurring operating cash flows; instead, it functions more like a leveraged call option on successful project advancement and gold price appreciation. Its main competitive strengths are the scale of the Livengood deposit and its location in Alaska, a jurisdiction with established mining activity and infrastructure, although that does not eliminate development complexity. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001134115/000110465926026416/thm-20251231x10k.htm?utm_source=openai)) Geographically, the company is concentrated in Canada for corporate administration and in Alaska for project execution, while remaining publicly traded in the U.S. on NYSE American. That makes THM relevant to investors seeking direct exposure to North American gold development through a U.S.-listed security. Recent company activity visible in SEC filings includes ongoing quarterly and annual reporting and multiple Form 4 insider transaction filings in 2025 and 2026, which indicate continued ownership and governance scrutiny around the stock. Those filings are informational, not a standalone investment signal, but they matter for investors tracking insider behavior. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1134115/000110465926057981/thm-20260331x10q.htm?utm_source=openai))