International Tower Hill Mines (TSE:ITH) Sets New 12-Month High – Here’s What Happened

International Tower Hill Mines Ltd. (TSE:ITH) (NYSE:THM)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as C$4.90 and last traded at C$4.15, with a volume of 376746 shares trading hands. The stock had previously closed at C$3.90.

International Tower Hill Mines Trading Up 6.4%

The company’s fifty day simple moving average is C$2.81 and its 200 day simple moving average is C$2.38. The stock has a market capitalization of C$984.23 million, a P/E ratio of -138.33 and a beta of 1.48.

International Tower Hill Mines (TSE:ITH) (NYSE:THM) last released its quarterly earnings results on Friday, November 7th. The mining company reported C$0.00 earnings per share for the quarter. Equities research analysts predict that International Tower Hill Mines Ltd. will post -0.02 earnings per share for the current year.

International Tower Hill Mines Company Profile

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.