International Tower Hill Mines (TSE:ITH) Trading Up 15.9% – Still a Buy?

Shares of International Tower Hill Mines Ltd. (TSE:ITH) (NYSE:THM) traded up 15.9% during trading on Wednesday . The company traded as high as C$4.90 and last traded at C$4.52. 196,527 shares were traded during mid-day trading, an increase of 183% from the average session volume of 69,565 shares. The stock had previously closed at C$3.90.

International Tower Hill Mines Trading Down 12.8%

The business’s fifty day moving average price is C$2.85 and its 200-day moving average price is C$2.39. The company has a market capitalization of C$841.94 million, a P/E ratio of -118.33 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. As a group, equities research analysts forecast that International Tower Hill Mines Ltd. will post -0.02 EPS 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.