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Integra Resources (CVE:ITR) Trading Up 8.4% After Analyst Upgrade

Integra Resources logo with Basic Materials background

Integra Resources Corp. (CVE:ITR - Get Free Report)'s share price was up 8.4% 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$2.54 and last traded at C$2.52. Approximately 727,256 shares changed hands during mid-day trading, an increase of 82% from the average daily volume of 400,315 shares. The stock had previously closed at C$2.32.

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

Check Out Our Latest Stock Analysis on Integra Resources

Integra Resources Stock Performance

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

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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