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

Integra Resources Corp. (CVE:ITR - Get Free Report) shares were up 10.8% during mid-day trading on Monday 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 traded hands during mid-day 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 lifted 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 3.3 %

The company has a market cap of C$277.74 million, a P/E ratio of -4.86 and a beta of 1.37. The stock has a 50-day moving average of C$1.84 and a 200 day moving average of C$1.55. The company has a debt-to-equity ratio of 35.54, a current ratio of 0.82 and a quick ratio of 1.49.

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.