International Tower Hill Mines (TSE:ITH) Shares Cross Below Fifty Day Moving Average – Here’s Why

International Tower Hill Mines Ltd. (TSE:ITHGet Free Report) (NYSE:THM)’s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$3.15 and traded as low as C$3.01. International Tower Hill Mines shares last traded at C$3.01, with a volume of 18,290 shares trading hands.

International Tower Hill Mines Stock Down 1.3%

The stock’s 50-day simple moving average is C$3.15 and its 200 day simple moving average is C$3.36. The company has a market cap of C$787.53 million, a price-to-earnings ratio of -301.00 and a beta of 2.36.

International Tower Hill Mines (TSE:ITHGet Free Report) (NYSE:THM) last released its quarterly earnings results on Friday, May 8th. The mining company reported C$0.01 EPS for the quarter. On average, sell-side analysts expect that International Tower Hill Mines Ltd. will post -0.02 EPS for the current fiscal year.

About International Tower Hill Mines

(Get Free Report)

International Tower Hill Mines Ltd. has a 100% interest in its Livengood Gold Project located along the paved Elliott Highway, 70 miles north of Fairbanks, Alaska.

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