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International Tower Hill Mines (TSE:ITH) Stock Passes Above 50-Day Moving Average - Should You Sell?

International Tower Hill Mines logo with Basic Materials background

Shares of International Tower Hill Mines Ltd. (TSE:ITH - Get Free Report) NYSE: THM passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.93 and traded as high as C$0.93. International Tower Hill Mines shares last traded at C$0.92, with a volume of 9,795 shares.

International Tower Hill Mines Stock Performance

The stock has a market capitalization of C$148.82 million, a PE ratio of -44.29 and a beta of 1.17. The stock has a 50 day moving average price of C$0.93 and a 200-day moving average price of C$0.78.

Insider Transactions at International Tower Hill Mines

In other International Tower Hill Mines news, insider Electrum Strategic Opportunities Fund II L.P. purchased 1,152,091 shares of the firm's stock in a transaction on Thursday, February 27th. The shares were acquired at an average cost of C$0.69 per share, with a total value of C$796,491.20. Company insiders own 0.51% of the company's stock.

International Tower Hill Mines Company Profile

(Get Free Report)

International Tower Hill Mines Ltd. engages in the acquisition, exploration, and development of mineral properties. It holds rights to acquire interests in the Livengood gold project covering an area of approximately 19,546 hectares located to the northwest of Fairbanks, Alaska. The company was formerly known as Tower Hill Mines Ltd.

Further Reading

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