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

International Tower Hill Mines Ltd. (TSE:ITHGet Free Report) (NYSE:THM) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.71 and traded as low as C$0.70. International Tower Hill Mines shares last traded at C$0.70, with a volume of 8,593 shares changing hands.

International Tower Hill Mines Stock Down 4.1 %

The company’s 50-day moving average price is C$0.69 and its 200-day moving average price is C$0.71. The firm has a market cap of C$98.28 million, a price-to-earnings ratio of -29.25 and a beta of 1.17.

International Tower Hill Mines Company Profile

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International Tower Hill Mines Ltd. engages in the acquisition, exploration, and development of mineral properties. It holds rights to acquire interests in the Livengood gold project covering an area of approximately 19,546 hectares located to the northwest of Fairbanks, Alaska. The company was formerly known as Tower Hill Mines Ltd.

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