International Tower Hill Mines (TSE:ITH) Reaches New 12-Month High - Should You Buy?

Key Points

• International Tower Hill Mines Ltd. shares reached a new 52-week high of C$2.29 during trading, closing at C$2.25 with a trading volume of 27,940 shares.
• The company has a market capitalization of C$465.66 million, a P/E ratio of -112.00, and a beta of 0.91, indicating a relatively stable stock performance.
• International Tower Hill Mines is primarily focused on the acquisition, exploration, and development of mineral properties, notably the Livengood Gold Project in Alaska.

International Tower Hill Mines Ltd. (TSE:ITH - NYSE: THM shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$2.29 and last traded at C$2.25, with a volume of 27940 shares trading hands. The stock had previously closed at C$2.21.

International Tower Hill Mines Stock Performance

The firm has a market capitalization of C$465.66 million, a P/E ratio of -112.00 and a beta of 0.91. The firm's 50-day moving average is C$1.75 and its 200 day moving average is C$1.28.

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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