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Integra Resources (CVE:ITR) Stock Price Up 10.8% Following Analyst Upgrade

Integra Resources logo with Basic Materials background

Integra Resources Corp. (CVE:ITR - Get Free Report) shares rose 10.8% on Monday after Stifel Nicolaus raised their price target on the stock from C$4.00 to C$4.50. The stock traded as high as C$2.58 and last traded at C$2.57. Approximately 945,648 shares changed hands during trading, an increase of 134% from the average daily volume of 403,582 shares. The stock had previously closed at C$2.32.

Separately, Raymond James upped their price target on Integra Resources from C$3.25 to C$3.75 in a research report on Friday, April 4th.

Get Our Latest Stock Report on Integra Resources

Integra Resources Price Performance

The business's 50 day moving average price is C$1.83 and its two-hundred day moving average price is C$1.54. The company has a current ratio of 0.82, a quick ratio of 1.49 and a debt-to-equity ratio of 35.54. The stock has a market cap of C$281.29 million, a P/E ratio of -4.93 and a beta of 1.37.

About Integra Resources

(Get Free Report)

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.

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