Integra Resources (CVE:ITR) Hits New 1-Year High - Still a Buy?

Key Points

• Integra Resources Corp. (CVE:ITR) hit a new 52-week high of C$3.57 during trading, closing at C$3.55 with a trading volume of 44,002 shares.
• The company has a market cap of C$606.72 million and debt-to-equity ratio of 35.54, indicating a solid financial position.
• Insiders, including Senior Officer Dale Kerner, purchased 34,720 shares at an average cost of C$1.96, demonstrating confidence in the company's future performance.

Integra Resources Corp. (CVE:ITR - Get Free Report) shares reached a new 52-week high on Monday . The company traded as high as C$3.57 and last traded at C$3.55, with a volume of 44002 shares traded. The stock had previously closed at C$3.35.

Integra Resources Trading Up 1.4%

The firm has a market cap of C$630.38 million, a price-to-earnings ratio of 33.91 and a beta of 1.04. The company has a debt-to-equity ratio of 35.54, a quick ratio of 1.49 and a current ratio of 0.82. The business has a fifty day moving average of C$2.54 and a two-hundred day moving average of C$2.22.

Insider Buying and Selling

In related news, Senior Officer Dale Kerner bought 34,720 shares of the stock in a transaction on Friday, June 27th. The shares were purchased 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.