Integra Resources (CVE:ITR) Hits New 1-Year High - Still a Buy?

Integra Resources Corp. (CVE:ITR - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$1.83 and last traded at C$1.77, with a volume of 405207 shares traded. The stock had previously closed at C$1.67.

Integra Resources Stock Up 4.0 %

The company has a quick ratio of 1.49, a current ratio of 0.82 and a debt-to-equity ratio of 35.54. The company has a market cap of C$216.28 million, a price-to-earnings ratio of -3.79 and a beta of 1.37. The firm's 50 day simple moving average is C$1.49 and its 200 day simple moving average is C$1.40.

Insider Activity

In other Integra Resources news, Director George Salamis bought 24,500 shares of the firm's stock in a transaction dated Friday, January 24th. The shares were acquired at an average cost of C$1.40 per share, for a total transaction of C$34,282.85. In the last 90 days, insiders have acquired 38,500 shares of company stock worth $50,893. 17.78% of the stock is owned by corporate insiders.

Integra Resources Company Profile

Integra Resources Corp., a precious metals exploration and development company, engages in the acquisition, exploration, and development of mineral properties in the Great Basin of the Western United States. The company explores for gold and silver deposits. It primarily focuses on developing DeLamar Project located in southwestern Idaho; and the Wildcat and Mountain View Projects located in western Nevada.