Integra Resources (CVE:ITR) Reaches New 12-Month High - Still a Buy?

Key Points

• Integra Resources Corp. (CVE:ITR) shares reached a new 52-week high trading at C$3.84 with a market capitalization of C$654.04 million.
• Senior Officer Dale Kerner purchased 34,720 shares at an average price of C$1.96 per share, indicating insider confidence in the company's prospects.
• The company is primarily focused on developing its DeLamar Project in Idaho, as well as the Wildcat and Mountain View Projects in Nevada, targeting precious metals exploration.

Integra Resources Corp. (CVE:ITR - ) shares hit a new 52-week high on Monday . The company traded as high as C$3.84 and last traded at C$3.84, with a volume of 258215 shares trading hands. The stock had previously closed at C$3.73.

Integra Resources Trading Up 3.8%

The stock has a market capitalization of C$654.04 million, a PE ratio of 35.18 and a beta of 1.04. The company has a quick ratio of 1.49, a current ratio of 0.82 and a debt-to-equity ratio of 35.54. The business's 50-day moving average is C$2.54 and its two-hundred day moving average is C$2.23.

Insider Buying and Selling at Integra Resources

In other Integra Resources news, Senior Officer Dale Kerner bought 34,720 shares of the firm's stock in a transaction dated Friday, June 27th. The stock was acquired at an average price of C$1.96 per share, for a total transaction of C$67,995.65. Company insiders own 17.78% of the company's stock.

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.

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