International Tower Hill Mines (TSE:ITH) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

International Tower Hill Mines Ltd. (TSE:ITH) (NYSE:THM) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$3.07 and traded as high as C$3.45. International Tower Hill Mines shares last traded at C$3.38, with a volume of 47,913 shares traded.

International Tower Hill Mines Trading Up 3.4%

The company’s 50-day moving average is C$3.07 and its two-hundred day moving average is C$2.54. The firm has a market cap of C$882.44 million, a P/E ratio of -112.67 and a beta of 1.48.

International Tower Hill Mines (TSE:ITH) (NYSE:THM) last released its quarterly earnings results on Friday, November 7th. The mining company reported C$0.00 earnings per share for the quarter. Research analysts anticipate that International Tower Hill Mines Ltd. will post -0.02 EPS for the current fiscal year.

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. 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.