International Tower Hill Mines (TSE:ITH) Hits New 1-Year High - What's Next?

Key Points

• International Tower Hill Mines Ltd. stock reached a new 52-week high of C$3.25, up from a previous close of C$2.74, demonstrating significant price movement during trading.
• The company has a market capitalization of C$762.94 million and is focusing on the exploration and development of its Livengood Gold Project in Alaska.
• Despite the stock's recent high, the price-to-earnings ratio stands at a notably low -183.50, indicating ongoing financial challenges as the company is not currently profitable.

International Tower Hill Mines Ltd. (TSE:ITH - NYSE: THM's stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as C$3.20 and last traded at C$3.25, with a volume of 59115 shares trading hands. The stock had previously closed at C$2.74.

International Tower Hill Mines Price Performance

The stock has a market capitalization of C$762.94 million, a price-to-earnings ratio of -183.50 and a beta of 1.11. The company has a 50-day simple moving average of C$2.10 and a two-hundred day simple moving average of C$1.48.

About International Tower Hill Mines

International Tower Hill Mines Ltd is a mining company. It is engaged in the acquisition, exploration, and development of mineral properties. The company holds interests in an advanced stage exploration project namely the Livengood Gold Project. It is located approximately 70 miles northwest of Fairbanks, Alaska in the Tolovana mining district within the Tintina gold belt.

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