International Tower Hill Mines (TSE:ITH) Trading Down 6.6% - What's Next?

Key Points

• Shares of International Tower Hill Mines Ltd. fell by 6.6% during mid-day trading, reaching a low of C$1.55 compared to its previous closing at C$1.67.
• The company's market cap is C$219.02 million, with a PE ratio of -65.18 and a beta of 1.17.
• International Tower Hill Mines is primarily focused on the acquisition, exploration, and development of mineral properties, including the advanced stage Livengood Gold Project located in Alaska.

Shares of International Tower Hill Mines Ltd. (TSE:ITH - NYSE: THM fell 6.6% during mid-day trading on Thursday . The company traded as low as C$1.55 and last traded at C$1.56. 28,040 shares were traded during mid-day trading, a decline of 11% from the average session volume of 31,477 shares. The stock had previously closed at C$1.67.

International Tower Hill Mines Stock Down 6.6%

The business's 50-day simple moving average is C$1.31 and its 200-day simple moving average is C$1.00. The stock has a market cap of C$219.02 million, a PE ratio of -65.18 and a beta of 1.17.

About International Tower Hill Mines

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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