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International Tower Hill Mines (TSE:ITH) Hits New 52-Week High - Here's What Happened

International Tower Hill Mines logo with Basic Materials background

Key Points

  • International Tower Hill Mines Ltd. reached a new 52-week high of C$1.63 during trading, reflecting a significant growth in its stock price.
  • The company has a market capitalization of C$224.63 million and has been actively involved in acquiring and developing mineral properties, particularly the Livengood Gold Project in Alaska.
  • Despite its recent stock performance, the company reports a negative PE ratio of -66.85, indicating ongoing financial challenges.
  • Five stocks to consider instead of International Tower Hill Mines.

International Tower Hill Mines Ltd. (TSE:ITH - Get Free Report) NYSE: THM reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$1.63 and last traded at C$1.63, with a volume of 33285 shares. The stock had previously closed at C$1.55.

International Tower Hill Mines Stock Performance

The company has a market cap of C$219.02 million, a price-to-earnings ratio of -65.18 and a beta of 1.17. The business's 50 day moving average price is C$1.33 and its 200-day moving average price is C$1.01.

International Tower Hill Mines Company Profile

(Get Free Report)

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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