International Tower Hill Mines (TSE:ITH) Trading 1.6% Higher – Here’s Why

International Tower Hill Mines Ltd. (TSE:ITH) (NYSE:THM) shares traded up 1.6% during mid-day trading on Friday . The company traded as high as C$2.70 and last traded at C$2.57. 34,227 shares changed hands during trading, a decline of 8% from the average session volume of 37,156 shares. The stock had previously closed at C$2.53.

International Tower Hill Mines Stock Up 1.6%

The firm has a market cap of C$534.26 million, a PE ratio of -85.67 and a beta of 1.46. The business has a 50 day simple moving average of C$2.50 and a two-hundred day simple moving average of C$2.12.

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 (EPS) for the quarter. Equities analysts forecast that International Tower Hill Mines Ltd. will post -0.02 earnings per share for the current 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.