International Tower Hill Mines (TSE:ITH) Issues Earnings Results

International Tower Hill Mines (TSE:ITH) (NYSE:THM) released its quarterly earnings data on Wednesday. The mining company reported C($0.02) earnings per share for the quarter, FiscalAI reports.

International Tower Hill Mines Trading Down 2.7%

International Tower Hill Mines stock traded down C$0.11 during midday trading on Wednesday, hitting C$3.97. 28,960 shares of the stock were exchanged, compared to its average volume of 104,822. The stock’s 50-day simple moving average is C$3.55 and its 200 day simple moving average is C$2.83. International Tower Hill Mines has a fifty-two week low of C$0.66 and a fifty-two week high of C$4.94. The stock has a market capitalization of C$1.04 billion, a price-to-earnings ratio of -132.33 and a beta of 1.45.

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.