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

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.

Shares of International Tower Hill Mines Ltd. (TSE:ITH - Get Free Report) NYSE: THM reached a new 52-week high during mid-day trading on Monday . The company 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 Up 5.3%

The business's 50-day simple moving average is C$1.81 and its 200-day simple moving average is C$1.31. The stock has a market cap of C$457.35 million, a PE ratio of -110.00 and a beta of 0.91.

International Tower Hill Mines Company Profile

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.