International Tower Hill Mines Ltd (THM) Shares are Up 3.6%

International Tower Hill Mines Ltd (THM) has been under a strong bear grip, hence the stock is down -0.42% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 3.55% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.6% in the last 1 week, and is up 0.61% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 3.44% and the 50-Day Moving Average is 26.76%. International Tower Hill Mines Ltd (NYSEMKT:THM): On Fridays trading session , Opening price of the stock was $1.2 with an intraday high of $1.28. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $1.11. However, the stock managed to close at $1.15, a loss of 3.36% for the day. On the previous day, the stock had closed at $1.19. The total traded volume of the day was 623,790 shares.

International

The company Insiders own 3.38% of International Tower Hill Mines Ltd shares according to the proxy statements. Institutional Investors own 41.49% of International Tower Hill Mines Ltd shares.

International Tower Hill Mines Ltd. is a mineral exploration company engaged in the acquisition and exploration of mineral properties. The Company holds or has the right to acquire interests in an advanced stage exploration project in Alaska referred to as the Livengood Gold Project (the Livengood Gold Project or the Project). The Company controls 100% of the Livengood Gold Project. The Livengood Gold Project is located approximately 113 kilometers (70 miles) by road northwest of Fairbanks, Alaska in the Tolovana Mining District within the Tintina Gold Belt. It has a mineral resource of approximately 731 million measured tons at an average grade of over 0.61 g/ton (14.4 million ounces at approximately 0.3 g/ton cut-off), 71 million indicated tons at an average grade of over 0.56 g/ton (1.3 million ounces at 0.3 g/ton cut-off) and approximately 266 million inferred tons at an average grade of over 0.52 g/ton (4.4 million ounces at 0.3 g/ton cut-off).

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