International Tower Hill Mines (TSE:ITH) Stock Passes Below Fifty Day Moving Average - What's Next?

International Tower Hill Mines Ltd. (TSE:ITH - Get Free Report) NYSE: THM's share price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.80 and traded as low as C$0.74. International Tower Hill Mines shares last traded at C$0.85, with a volume of 9,000 shares traded.

International Tower Hill Mines Trading Down 3.2 %

The business has a 50 day moving average of C$0.82 and a 200-day moving average of C$0.76. The stock has a market cap of C$126.36 million, a PE ratio of -37.60 and a beta of 1.17.

Insider Activity at International Tower Hill Mines

In other International Tower Hill Mines news, insider Electrum Strategic Opportunities Fund II L.P. bought 1,152,091 shares of the company's stock in a transaction that occurred on Thursday, February 27th. The stock was purchased at an average cost of C$0.69 per share, for a total transaction of C$796,491.20. 0.51% of the stock is currently owned by corporate insiders.

About International Tower Hill Mines

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.