International Tower Hill Mines (TSE:ITH) Trading 2.4% Higher – Here’s Why

International Tower Hill Mines Ltd. (TSE:ITHGet Free Report) (NYSE:THM) shares rose 2.4% on Friday . The company traded as high as C$2.26 and last traded at C$2.17. Approximately 23,750 shares traded hands during mid-day trading, a decline of 23% from the average daily volume of 30,963 shares. The stock had previously closed at C$2.12.

International Tower Hill Mines Stock Up 2.4%

The firm has a market cap of C$451.11 million, a PE ratio of -108.50 and a beta of 0.91. The company’s fifty day moving average price is C$1.88 and its two-hundred day moving average price is C$1.36.

International Tower Hill Mines Company Profile

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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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