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

International Tower Hill Mines logo with Basic Materials background
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Shares of International Tower Hill Mines Ltd. (TSE:ITH - Get Free Report) NYSE: THM 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 traded.

International Tower Hill Mines Trading Up 4.6 %

The firm has a market capitalization of C$127.76 million, a P/E ratio of -38.02 and a beta of 1.17. The firm has a 50-day moving average of C$0.71 and a two-hundred day moving average of C$0.73.

Insider Buying and Selling

In other International Tower Hill Mines news, insider Electrum Strategic Opportunities Fund II L.P. acquired 1,152,091 shares of the company's stock in a transaction that occurred on Thursday, February 27th. The stock was acquired 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 owned by corporate insiders.

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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