Integra Resources (CVE:ITR) Trading Up 8.4% Following Analyst Upgrade

Integra Resources Corp. (CVE:ITR - Get Free Report)'s stock price traded up 8.4% 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$2.54 and last traded at C$2.52. 727,256 shares traded hands during mid-day trading, an increase of 82% from the average session volume of 400,315 shares. The stock had previously closed at C$2.32.

Separately, Raymond James upped 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 Stock Down 3.3 %

The firm has a fifty day moving average price of C$1.84 and a 200 day moving average price of C$1.55. 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 cap of C$277.74 million, a P/E ratio of -4.86 and a beta of 1.37.

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.