Integra Resources (CVE:ITR) Stock Price Up 10.8% Following Analyst Upgrade

Integra Resources Corp. (CVE:ITR - Get Free Report) rose 10.8% on Tuesday 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 were traded during 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 boosted their price target on shares of Integra Resources from C$3.25 to C$3.75 in a research note on Friday, April 4th.

Integra Resources Trading Down 3.3 %

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

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.