International Tower Hill Mines (TSE:ITH) Share Price Crosses Below Fifty Day Moving Average – Here’s Why

Shares of International Tower Hill Mines Ltd. (TSE:ITHGet Free Report) (NYSE:THM) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.74 and traded as low as C$0.63. International Tower Hill Mines shares last traded at C$0.63, with a volume of 8,500 shares trading hands.

International Tower Hill Mines Stock Down 3.1 %

The company has a 50-day moving average price of C$0.73 and a 200-day moving average price of C$0.72. The company has a market capitalization of C$125.80 million, a price-to-earnings ratio of -21.00 and a beta of 1.17.

About International Tower Hill Mines

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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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