International Tower Hill Mines (TSE:ITH) Hits New 12-Month High - What's Next?

Key Points

• International Tower Hill Mines Ltd. (TSE:ITH) reached a new 52-week high of C$2.25 during trading, reflecting a significant increase from its previous close of C$1.93.
• The company has a market capitalization of C$461.50 million and a negative price-to-earnings ratio of -111.00, indicating potential volatility in earnings.
• International Tower Hill Mines is primarily focused on the exploration and development of mineral properties, particularly the Livengood Gold Project located in Alaska.

International Tower Hill Mines Ltd. (TSE:ITH - Get Free Report) NYSE: THM's share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$2.25 and last traded at C$2.25, with a volume of 70207 shares. The stock had previously closed at C$1.93.

International Tower Hill Mines Stock Down 3.1%

The firm has a market cap of C$394.98 million, a P/E ratio of -95.00 and a beta of 0.91. The firm's fifty day moving average is C$1.63 and its two-hundred day moving average is C$1.21.

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.