International Tower Hill Mines (TSE:ITH) Stock Price Up 7.4% - What's Next?

International Tower Hill Mines Ltd. (TSE:ITH - Get Free Report) NYSE: THM traded up 7.4% on Monday . The stock traded as high as C$1.02 and last traded at C$1.02. 100,774 shares changed hands during trading, an increase of 223% from the average session volume of 31,228 shares. The stock had previously closed at C$0.95.

International Tower Hill Mines Stock Performance

The firm has a market capitalization of C$165.67 million, a P/E ratio of -49.30 and a beta of 1.17. The stock has a 50 day moving average of C$0.92 and a 200-day moving average of C$0.77.

Insider Activity

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

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.