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← CockpitCompetitor Analysis › ITH.TO International Tower Hill Mines Ltd.Open in the cockpit ↗

International Tower Hill Mines Ltd.ITH.TOCompetitor analysis, valuation and peers

Canada · CAD·Materials›Precious Metals

Canadian developer of the large, low-grade Livengood gold deposit in Alaska.

≈ No US peer.Momentum laggard 7
Mkt cap
$405M
US dollars, full cap
Free float
87%
of shares outstanding
$/day
$257,055
20-day average traded
P/B
2.42×
price to book
ROE
-2.8%
delivered
Implied ROE
27.5%
what the price asks
Close · CADC$2.17
1D+29.2%
1W-13.6%
1M-31.8%
3M-30.7%
6M-39.2%
YTD-14.2%
1Y-3.1%
ATR %13.4%
52w lowhigh56.1% off high

What International Tower Hill Mines does

Canadian developer of the large, low-grade Livengood gold deposit in Alaska.

No sales: permitting and feasibility work are paid for by raising money from investors. Livengood's very large but low-grade ore is worth building only at a sufficiently high gold price, so its value rests on gold staying high enough to finance a build.

In one line: No US peer..

Products and services

  • Livengood gold project (Alaska)

Customers

  • Gold refiners (once producing)

Where it sits in the supply chain

  • Mining
  • Precious metals mining
  • Mine development

What could go right

  • Gold price strength making low-grade ounces economic
  • Project financing/partner milestone

What could go wrong

  • High capital cost/financing risk
  • Low-grade ore requires sustained high gold prices

Moat: none (installed base). Large gold resource but low-grade and capital-intensive; no advantage until financed and built.

Headquarters: Vancouver, Canada · Employees: 3

Named competitors

International Tower Hill Mines at a glance

Size International Tower Hill Mines (ITH.TO) is a Canada Materials company (Precious Metals) with a market value of $405M, the 372nd largest of 420 Canada companies the cockpit tracks. Shares closed at C$2.17 on 6 Nov 2026.

Performance Over six months the shares fell 39.2%, against -5.6% for the median peer and +5.2% for the Canada market (cap-weighted) — 3rd lowest of 21 in its peer set.

Valuation It trades at 2.42× book value against a peer median of 3.67× (6th cheapest of 19).

Price implies The share price implies a return on equity of about 27.5%; International Tower Hill Mines delivers -2.8%, so the price asks more than the business earns today.

Relative performance

507510011 May 202611 Aug 20266 Nov 2026Peer median 92ITH.TO 62
Six months, rebased to 100: International Tower Hill Mines against the median of its 20 peers (local-currency closes).

International Tower Hill Mines financials

Reported figures in CAD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueC$0C$0C$0C$0C$0
Revenue growth—————
Gross profitC$0C$0C$0C$0C$0
EBITDA-C$14.0M-C$6.33M-C$5.19M-C$4.71M-C$4.49M
Net income-C$4.40M-C$6.48M-C$4.93M-C$4.59M-C$3.96M
Free cash flow-C$2.37M-C$5.07M-C$3.96M-C$4.30M-C$3.77M
Capital expenditureC$0C$0C$0C$0C$0
Total debtC$0C$0C$0C$0C$0

Quarterly statements and history in the cockpit →

International Tower Hill Mines competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%+100%-30%-20%-10%0%AMXAUXXVGZCMCLETGDECNGOLDAISFISHSLGNMGASERDSATXVMMRMLALDEFMLMEIPAMPALOITH.TO6-month return →1-month return →
Up and to the right = strong over both horizons. International Tower Hill Mines is the large dot.

Fundamentals: return on equity against price-to-book

-100%0%100%00×100×200×AMXAUXXVGZCMCLDECNGOLDAISFISHSLGNMGRDSATXVMMITRALDEMEIITH.TOReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. International Tower Hill Mines is the large dot.

Capital: ROE delivered against the ROE the price implies

-100%0%100%-100%0%100%AMXAUXXVGZCMCLAISFISHSLGNMGATXITRMEIITH.TOROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. International Tower Hill Mines is the large dot.

International Tower Hill Mines competitors and peer comparison

Head to head with its named competitors (ITH.TO vs CTGO vs NG vs K.TO)
CompanyMarket cap6M returnRevenue growthROEPrice / bookImplied ROE
International Tower Hill Mines ITH.TO$405M-39%n/a-3%2.42×27.5%
Contango Silver & Gold CTGO$520M-43%n/a-24%1.52×8.1%
Novagold Resources NG$2.81B-27%n/a-33%6.72×48.1%
Kinross Gold K.TO$26.4B-25%+30%35%2.61×24.5%
Coeur Mining CDE$15.9B-17%+117%13%1.53×17.0%

How International Tower Hill Mines compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

International Tower Hill Mines against its 20 peers (data as of 6 Nov 2026)
MeasureITH.TOPeer medianRank in peer set
1-month return-31.8%-10.2%lowest of 21
6-month return-39.2%-5.6%3rd lowest of 21
Return on equity-2.8%-4.9%8th highest of 18
Price / book2.42×3.67×6th cheapest of 19
ROE the price implies27.5%38.5%8th least demanding of 19
ROE delivered-2.8%-4.9%7th highest of 16

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
International Tower Hill Mines ITH.TOCanada$405M-39%n/a-3%2.42×27.5%-2.8%
Amex Gold Mining AMX.VCanada$407M-26%n/a-5%2.64×40.4%-4.9%
Gold X2 Mining AUXX.VCanada$409M-32%n/a-36%3.65×54.2%-36.2%
Vista Gold VGZUnited States$401M+22%n/a-26%7.91×71.2%-26.4%
Caledonia Mining CMCLUnited States$412M-11%+35%25%1.40×11.0%24.6%
Entree Resources ETG.TOCanada$391M+6%n/an/an/an/an/a
Deccan Gold Mines DECNGOLD.NSIndia$389M+46%+159%-14%6.94×117.3%n/a
Aeris Resources AIS.AXAustralia$385M-20%+22%39%0.74×8.7%38.9%
Sailfish Royalty FISH.VCanada$384M+96%+88%130%2.20×7.8%130.5%
San Lorenzo Gold SLG.VCanada$431M+101%n/a-8%19.32×44.7%-7.5%
New Murchison Gold NMG.AXAustralia$433M+19%+1,594,866%147%2.97×16.6%146.8%
Asante Gold ASE.VCanada$439M-39%+28%n/a4.45×38.5%n/a
Radisson Mining Resources RDS.VCanada$371M-6%n/a-4%4.30×46.0%-3.7%
ATEX Resources ATX.TOCanada$443M-45%n/a-78%3.70×21.5%-77.7%
Viridis Mining and Minerals VMM.AXAustralia$366M+29%n/a-14%5.77×46.0%-13.6%
Integra Resources ITR.VCanada$453M-20%+71%5%1.65×18.2%5.0%
Rusoro Mining RML.VCanada$457M-5%n/an/an/an/an/a
Aldebaran Resources ALDE.VCanada$359M+3%n/a-7%2.80×28.2%-7.3%
Focus Minerals FML.AXAustralia$355M-23%+216%36%1.13×13.6%36.5%
Meteoric Resources MEI.AXAustralia$464M+12%n/a-110%10.07×83.0%-109.8%
Endomines Finland PAMPALO.HEFinland$352M-25%+59%15%4.43×38.4%n/a

Questions

Who are International Tower Hill Mines's main competitors?
Named competitors: Contango Ore (CTGO), NovaGold Resources (NG), Kinross Gold (K.TO), Coeur Mining (CDE). The cockpit's measured peer set (industry) also includes Amex Gold Mining (AMX.V), Gold X2 Mining (AUXX.V), Vista Gold (VGZ), Caledonia Mining (CMCL), Entree Resources (ETG.TO), Deccan Gold Mines (DECNGOLD.NS).
Is International Tower Hill Mines expensive compared with its peers?
On price / book it trades at 2.42× against a peer median of 3.67×, 6th cheapest of 19 in its peer set. The share price implies a return on equity of about 27.5%; International Tower Hill Mines delivers -2.8%, so the price asks more than the business earns today.
How has International Tower Hill Mines stock performed?
Over six months to 6 Nov 2026 the shares returned -39.2% against -5.6% for the median peer; over one year -3.1%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.