Integra Resources (CVE:ITR) Trading Down 0.9% - Here's Why

Integra Resources Corp. (CVE:ITR - Get Free Report)'s stock price fell 0.9% during trading on Thursday . The company traded as low as C$2.07 and last traded at C$2.15. 313,979 shares traded hands during mid-day trading, a decline of 29% from the average session volume of 445,291 shares. The stock had previously closed at C$2.17.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Stifel Nicolaus upped their target price on shares of Integra Resources from C$4.00 to C$4.50 in a research report on Monday, April 21st. Raymond James Financial lifted their target price on shares of Integra Resources from C$3.25 to C$3.75 in a report on Friday, April 4th.

Integra Resources Price Performance

The company has a market capitalization of C$254.11 million, a PE ratio of -4.45 and a beta of 1.37. The company has a debt-to-equity ratio of 35.54, a current ratio of 0.82 and a quick ratio of 1.49. The stock's 50 day simple moving average is C$2.28 and its 200-day simple moving average is C$1.80.

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.

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