International Tower Hill Mines Ltd. (TSE:ITH – Get Free Report) (NYSE:THM)’s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.70 and traded as high as C$0.95. International Tower Hill Mines shares last traded at C$0.91, with a volume of 83,260 shares.
International Tower Hill Mines Stock Up 8.3 %
The company has a 50 day moving average price of C$0.70 and a 200-day moving average price of C$0.73. The company has a market cap of C$127.76 million, a price-to-earnings ratio of -38.02 and a beta of 1.17.
Insider Buying and Selling
In related news, insider Electrum Strategic Opportunities Fund II L.P. acquired 1,152,091 shares of the business’s stock in a transaction that occurred on Thursday, February 27th. The shares were bought at an average cost of C$0.69 per share, with a total value of C$796,491.20. 0.51% of the stock is currently owned by insiders.
International Tower Hill Mines Company Profile
International Tower Hill Mines Ltd. engages in the acquisition, exploration, and development of mineral properties. It holds rights to acquire interests in the Livengood gold project covering an area of approximately 19,546 hectares located to the northwest of Fairbanks, Alaska. The company was formerly known as Tower Hill Mines Ltd.
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