10-Q quarterly report · filed Aug 11, 2017

International Tower Hill Mines Ltd (THM) Q2 2017 10-Q Quarterly Report

Short answer

International Tower Hill Mines Ltd (THM) filed its Q2 2017 10-Q quarterly report on Aug 11, 2017 for the quarter ended Jun 30, 2017.

International Tower Hill Mines Ltd Q2 2017 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $0, unchanged YoY, reflecting no revenue-generating operations
  • Net loss $1.63M vs $2.07M YoY, loss per share $0.01 vs $0.02
  • Mineral property expenditures $668,389 vs $1.18M YoY, down $511,273
  • Cash $4.52M vs $22.47M at December 31, 2016, primarily after $14.7M derivative payment
  • 2017 budget $6.3M, sufficient funds for current work plan, additional financing required beyond 2017

Risk Factors

  • No material changes reported, with 2016 10-K risk factors incorporated by reference
  • Liquidity risk: cash $4,521,972, no revenue-generating operations, additional financing required
  • Regulatory risk: permitting delays could require additional funds for Livengood Project advancement
  • Operational risk: uncompleted metallurgical testing and block-model updates may not deliver projected optimization benefits
  • Property risk: failure to meet $2,863,848 in lease and government-fee commitments could forfeit mineral rights

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

Other International Tower Hill Mines Ltd quarterly reports

Ask about this quarter

Compare quarters, check guidance or see what insiders and funds did around the report.