International Tower Hill Mines (TSE:ITH) Reaches New 52-Week High - Should You Buy?

Key Points

• International Tower Hill Mines Ltd. (TSE:ITH) shares reached a new 52-week high of C$2.44 during trading, closing at C$2.43 with a volume of 36,580 shares.
• The company has a market capitalization of C$513.48 million and a notable price-to-earnings ratio of -123.50.
• International Tower Hill Mines is focused on the exploration and development of mineral properties, particularly holding an advanced exploration project known as the Livengood Gold Project in Alaska.

International Tower Hill Mines Ltd. (TSE:ITH - NYSE: THM shares hit a new 52-week high during trading on Wednesday . The stock traded as high as C$2.44 and last traded at C$2.43, with a volume of 36580 shares. The stock had previously closed at C$2.28.

International Tower Hill Mines Stock Performance

The company's 50 day moving average price is C$1.91 and its 200 day moving average price is C$1.38. The company has a market cap of C$513.48 million, a price-to-earnings ratio of -123.50 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.

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