International Tower Hill Mines Ltd. (TSE:ITH) Insider Buys C$796,491.20 in Stock

International Tower Hill Mines Ltd. (TSE:ITH) (NYSE:THM) insider Electrum Strategic Opportunities Fund II L.P. bought 1,152,091 shares of the firm’s stock in a transaction on Thursday, February 27th. The stock was purchased at an average price of C$0.69 per share, for a total transaction of C$796,491.20.

International Tower Hill Mines Stock Performance

Shares of TSE ITH traded down C$0.01 during midday trading on Friday, reaching C$0.68. 6,000 shares of the stock were exchanged, compared to its average volume of 18,055. The stock has a market capitalization of C$95.47 million, a P/E ratio of -28.41 and a beta of 1.17. International Tower Hill Mines Ltd. has a twelve month low of C$0.57 and a twelve month high of C$1.12. The company has a 50 day simple moving average of C$0.69 and a 200 day simple moving average of C$0.72.

About International Tower Hill Mines

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.