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 Friday . The stock traded as low as C$2.07 and last traded at C$2.15. 313,979 shares were traded 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.

Wall Street Analysts Forecast Growth

ITR has been the subject of a number of analyst reports. Stifel Nicolaus increased their price target on Integra Resources from C$4.00 to C$4.50 in a report on Monday, April 21st. Raymond James Financial upped their target price on Integra Resources from C$3.25 to C$3.75 in a research report on Friday, April 4th.

Integra Resources Stock Down 9.3%

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 firm has a market cap of C$230.47 million, a P/E ratio of -4.04 and a beta of 1.37. The firm's 50-day moving average price is C$2.28 and its 200 day moving average price 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.