International Tower Hill Mines (TSE:ITH) Shares Up 22% – Should You Buy?

International Tower Hill Mines Ltd. (TSE:ITH – Get Free Report) (NYSE:THM) traded up 22% during mid-day trading on Friday. The stock traded as high as C$2.12 and last traded at C$2.05. 190,096 shares were traded during trading, an increase of 140% from the average session volume of 79,241 shares. The stock had previously closed at C$1.68.

International Tower Hill Mines Stock Up 24.4%

The business’s 50 day moving average is C$3.27 and its 200-day moving average is C$3.35. The firm has a market capitalization of C$546.82 million, a P/E ratio of -209.00 and a beta of 2.39.

International Tower Hill Mines (TSE:ITH – Get Free Report) (NYSE:THM) last released its earnings results on Wednesday, August 12th. The mining company reported C($0.01) earnings per share for the quarter. Research analysts forecast 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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