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International Tower Hill Mines (TSE:ITH) Stock Crosses Above Fifty Day Moving Average - Here's Why

International Tower Hill Mines logo with Basic Materials background

International Tower Hill Mines Ltd. (TSE:ITH - Get Free Report) NYSE: THM's share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.68 and traded as high as C$0.74. International Tower Hill Mines shares last traded at C$0.65, with a volume of 31,577 shares changing hands.

International Tower Hill Mines Stock Performance

The company has a market capitalization of C$137.79 million, a price-to-earnings ratio of -23.00 and a beta of 1.17. The business's 50 day moving average is C$0.68 and its 200 day moving average is C$0.71.

About International Tower Hill Mines

(Get Free Report)

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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