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International Tower Hill Mines (TSE:ITH) Share Price Crosses Above 50-Day Moving Average - Should You Sell?

International Tower Hill Mines logo with Basic Materials background

Shares of International Tower Hill Mines Ltd. (TSE:ITH - Get Free Report) NYSE: THM passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.83 and traded as high as C$0.95. International Tower Hill Mines shares last traded at C$0.91, with a volume of 29,000 shares trading hands.

International Tower Hill Mines Trading Up 1.1 %

The firm has a market cap of C$123.55 million, a price-to-earnings ratio of -36.77 and a beta of 1.17. The company has a fifty day moving average price of C$0.84 and a 200-day moving average price of C$0.76.

Insider Activity

In related news, insider Electrum Strategic Opportunities Fund II L.P. acquired 1,152,091 shares of the firm's stock in a transaction dated Thursday, February 27th. The stock was acquired at an average price of C$0.69 per share, with a total value of C$796,491.20. Insiders own 0.51% of the company's stock.

International Tower Hill Mines Company Profile

(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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