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

Shares of Integra Resources Corp. (CVE:ITR - Get Free Report) rose 10.8% during trading on Monday after Stifel Nicolaus raised their price target on the stock from C$4.00 to C$4.50. The company traded as high as C$2.58 and last traded at C$2.57. Approximately 945,648 shares were traded during trading, an increase of 134% from the average daily volume of 403,556 shares. The stock had previously closed at C$2.32.

Separately, Raymond James lifted their price objective on shares of Integra Resources from C$3.25 to C$3.75 in a report on Friday, April 4th.

Integra Resources Stock Down 2.1 %

The stock has a 50-day moving average of C$1.83 and a 200 day moving average of C$1.54. The company has a market capitalization of C$281.29 million, a PE ratio of -4.93 and a beta of 1.37. The company has a quick ratio of 1.49, a current ratio of 0.82 and a debt-to-equity ratio of 35.54.

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.