Integra Resources (CVE:ITR) Trading 16.5% Higher - What's Next?

Integra Resources Corp. (CVE:ITR - Get Free Report) shares rose 16.5% on Saturday . The company traded as high as C$2.23 and last traded at C$2.19. Approximately 1,238,531 shares traded hands during mid-day trading, an increase of 229% from the average daily volume of 376,712 shares. The stock had previously closed at C$1.88.

Analyst Ratings Changes

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

Integra Resources Stock Down 3.2 %

The firm has a market capitalization of C$283.65 million, a PE ratio of -4.97 and a beta of 1.37. 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 50 day simple moving average of C$1.74 and a 200 day simple moving average of C$1.49.

Insider Buying and Selling at Integra Resources

In other Integra Resources news, Director George Salamis purchased 24,500 shares of the stock in a transaction on Friday, January 24th. The stock was acquired at an average price of C$1.40 per share, with a total value of C$34,282.85. 17.78% of the stock is currently 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.