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

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

Analyst Upgrades and Downgrades

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

Integra Resources Stock Down 3.2 %

The company has a debt-to-equity ratio of 35.54, a current ratio of 0.82 and a quick ratio of 1.49. The firm's 50-day moving average price is C$1.74 and its 200 day moving average price is C$1.49. The firm has a market capitalization of C$283.65 million, a price-to-earnings ratio of -4.97 and a beta of 1.37.

Insider Buying and Selling at Integra Resources

In other news, Director George Salamis bought 24,500 shares of the business's stock in a transaction that occurred on Friday, January 24th. The stock was purchased 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 owned by 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.