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International Tower Hill Mines (TSE:ITH) Share Price Crosses Above 50 Day Moving Average - Here's What Happened

International Tower Hill Mines logo with Basic Materials background
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International Tower Hill Mines Ltd. (TSE:ITH - Get Free Report) NYSE: THM shares crossed 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 changing hands.

International Tower Hill Mines Stock Down 6.4 %

The firm's fifty day moving average is C$0.80 and its two-hundred day moving average is C$0.76. The firm 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. purchased 1,152,091 shares of International Tower Hill Mines stock in a transaction dated 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. 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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