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International Tower Hill Mines (TSE:ITH) Trading Up 14.9% - What's Next?

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's stock price shot up 14.9% on Monday . The company traded as high as C$1.08 and last traded at C$1.08. 94,706 shares were traded during trading, an increase of 303% from the average session volume of 23,483 shares. The stock had previously closed at C$0.94.

International Tower Hill Mines Trading Down 5.9 %

The firm has a market capitalization of C$133.38 million, a P/E ratio of -39.69 and a beta of 1.17. The business's 50 day simple moving average is C$0.76 and its two-hundred day simple moving average is C$0.74.

Insider Buying and Selling 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. 0.51% of the stock is owned by company 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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