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

Integra Resources Corp. (CVE:ITR - Get Free Report)'s stock price was 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 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 objective on Integra Resources from C$3.25 to C$3.75 in a research report on Friday, April 4th.

Integra Resources Price Performance

The stock has a fifty day simple moving average of C$1.83 and a 200-day simple moving average of C$1.54. The company has a market capitalization of C$277.74 million, a PE ratio of -4.86 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.

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.