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

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

International Tower Hill Mines Trading Down 1.4 %

TSE:ITH opened at C$0.68 on Friday. The firm has a 50 day moving average of C$0.69 and a 200-day moving average of C$0.72. International Tower Hill Mines Ltd. has a 1 year low of C$0.57 and a 1 year high of C$1.12. 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 Company Profile

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.