Why did THM's stock price hit a 52-week high?

The stock price of THM reached a 52-week high of $1.18 on July 23, 2025, which is an increase of 14.56% from the previous day. The high stock price can be attributed to the following factors:

1. **Livengood Project in Alaska**: The company's Livengood Project in Alaska shows promise with an estimated 9.0 million ounces of proven and probable gold at an average grade of 0.65 g/t. The project is expected to reach peak production of ~144,000 ounces of gold in 2027 at some of the lowest AISCs.
2. **Capital Costs**: The initial capital costs to bring the Livengood project into production were estimated at $1.84 billion in 2016, which increased to about $2.0 billion in 2023, representing an increase of less than 10% over seven years.

These factors could have contributed to the high stock price, indicating investor confidence in the company's potential for growth and profitability.

|code|Ticker|Name|Date|Percentage Change|market_code|
|---|---|---|---|---|---|
|THM|THM.A|International Tower|20250723|14.5631|170|