International Tower Hill Mines (TSE:ITH) Shares Up 15.9% – Time to Buy?

International Tower Hill Mines Ltd. (TSE:ITH) (NYSE:THM)’s stock price was up 15.9% during trading on Wednesday . The stock traded as high as C$4.90 and last traded at C$4.52. Approximately 196,527 shares changed hands during mid-day trading, an increase of 183% from the average daily volume of 69,565 shares. The stock had previously closed at C$3.90.

International Tower Hill Mines Stock Performance

The stock has a market capitalization of C$939.64 million, a PE ratio of -150.67 and a beta of 1.48. The firm has a 50 day moving average of C$2.77 and a 200-day moving average of C$2.36.

International Tower Hill Mines (TSE:ITH) (NYSE:THM) last issued its earnings results on Friday, November 7th. The mining company reported C$0.00 earnings per share for the quarter. On average, sell-side analysts predict that International Tower Hill Mines Ltd. will post -0.02 earnings per share for the current year.

International Tower Hill Mines Company Profile

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. The project property consists of land leased from the Alaska mental health trust, a number of smaller private mineral leases, Alaska state mining claims purchased or located by the company and patented ground held by the company.