Paulson & Co. Inc. disclosed a significant purchase of International Tower Hill Mines Ltd. (THM) shares on April 16, 2026. The firm acquired 4,913,665 shares at an average price of $2.56 per share, representing a total investment of approximately $12.58 million.
This transaction marks a notable increase in Paulson & Co. Inc.'s stake in International Tower Hill Mines. The firm has been an active buyer in THM throughout early 2026, with multiple purchases totaling tens of millions of dollars.
Insider purchases of this magnitude are often interpreted by the market as a strong vote of confidence from the purchasing entity regarding the company's future performance and valuation.