Integra Resources (CVE:ITR) Shares Up 6% After Analyst Upgrade

Integra Resources Corp. (CVE:ITR - Get Free Report)'s share price traded up 6% during 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$2.49 and last traded at C$2.46. 531,339 shares were traded during mid-day trading, an increase of 34% from the average session volume of 396,373 shares. The stock had previously closed at C$2.32.

Separately, Raymond James raised their price objective on shares of Integra Resources from C$3.25 to C$3.75 in a research report on Friday, April 4th.

Integra Resources Trading Down 3.3 %

The stock has a market capitalization of C$277.74 million, a PE ratio of -4.86 and a beta of 1.37. 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's 50-day moving average is C$1.84 and its two-hundred day moving average is C$1.55.

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.