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

Shares of Integra Resources Corp. (CVE:ITR - Get Free Report) were up 10.8% on Tuesday 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 changed hands during mid-day 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 target price on Integra Resources from C$3.25 to C$3.75 in a research report on Friday, April 4th.

Integra Resources Stock Down 3.3 %

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's fifty day simple moving average is C$1.83 and its 200-day simple moving average is C$1.54. The stock has a market capitalization of C$277.74 million, a PE ratio of -4.86 and a beta of 1.37.

About Integra Resources

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.