Integra Resources (CVE:ITR) Sets New 12-Month High - Here's Why

Key Points

• Integra Resources Corp. shares reached a new 52-week high of C$2.95, closing at C$2.77 after trading a volume of 536,776 shares.
• The company has a market capitalization of C$333.29 million and a debt-to-equity ratio of 35.54.
• Insider activity includes Senior Officer Dale Kerner purchasing 34,720 shares at an average price of C$1.96 each, indicating confidence in the company's potential.

Shares of Integra Resources Corp. (CVE:ITR - ) hit a new 52-week high on Monday . The company traded as high as C$2.95 and last traded at C$2.77, with a volume of 536776 shares traded. The stock had previously closed at C$2.70.

Integra Resources Stock Performance

The stock has a 50 day moving average of C$2.17 and a 200 day moving average of C$2.06. 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 company has a market capitalization of C$333.29 million, a price-to-earnings ratio of -5.84 and a beta of 1.37.

Insider Activity at Integra Resources

In other Integra Resources news, Senior Officer Dale Kerner bought 34,720 shares of the business's stock in a transaction that occurred on Friday, June 27th. The shares were bought at an average price of C$1.96 per share, for a total transaction of C$67,995.65. 17.78% of the stock is currently owned by insiders.

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.

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