Integra Resources (CVE:ITR) Trading Down 9.3% - Should You Sell?

Shares of Integra Resources Corp. (CVE:ITR - Get Free Report) traded down 9.3% on Friday . The company traded as low as C$1.93 and last traded at C$1.95. 206,936 shares changed hands during mid-day trading, a decline of 53% from the average session volume of 442,610 shares. The stock had previously closed at C$2.15.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on ITR shares. 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. Stifel Nicolaus boosted their price objective on Integra Resources from C$4.00 to C$4.50 in a research note on Monday, April 21st.

Integra Resources Stock Performance

The firm has a fifty day moving average of C$2.28 and a 200-day moving average of C$1.80. 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 firm has a market cap of C$237.56 million, a P/E ratio of -4.16 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.

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