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

Integra Resources Corp. (CVE:ITR - Get Free Report)'s stock price rose 10.8% during mid-day trading 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 traded hands 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 objective 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 stock has a market cap of C$277.74 million, a PE ratio of -4.86 and a beta of 1.37. The business's fifty day moving average is C$1.84 and its 200 day moving average 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.