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International Tower Hill Mines (TSE:ITH) Shares Pass Above Fifty 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 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.79 and traded as high as C$0.91. International Tower Hill Mines shares last traded at C$0.84, with a volume of 39,453 shares traded.

International Tower Hill Mines Stock Performance

The company has a fifty day moving average price of C$0.80 and a two-hundred day moving average price of C$0.76. The company has a market cap of C$102.49 million, a P/E ratio of -30.50 and a beta of 1.17.

Insider Transactions at International Tower Hill Mines

In related news, insider Electrum Strategic Opportunities Fund II L.P. acquired 1,152,091 shares of the business's stock in a transaction on Thursday, February 27th. The stock was purchased at an average cost of C$0.69 per share, for a total transaction of C$796,491.20. 0.51% of the stock is currently owned by corporate insiders.

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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