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

Key Points

• International Tower Hill Mines Ltd. shares reached a new 52-week high of C$2.71, indicating significant upward movement in its stock price.
• The company has a market cap of C$523.87 million and a price-to-earnings ratio of -126.00, reflecting its current financial position.
• International Tower Hill Mines is focused on the exploration and development of mineral properties, including the advanced Livengood Gold Project located in Alaska.

International Tower Hill Mines Ltd. (TSE:ITH - NYSE: THM shares reached a new 52-week high on Tuesday . The stock traded as high as C$2.71 and last traded at C$2.52, with a volume of 59893 shares traded. The stock had previously closed at C$2.60.

International Tower Hill Mines Price Performance

The firm has a fifty day simple moving average of C$1.99 and a 200 day simple moving average of C$1.42. The company has a market cap of C$523.87 million, a price-to-earnings ratio of -126.00 and a beta of 1.11.

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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