Integra Resources (CVE:ITR) Shares Up 10.8% on Analyst Upgrade

Integra Resources Corp. (CVE:ITR - Get Free Report) shares traded up 10.8% during trading on Monday after Stifel Nicolaus raised their price target on the stock from C$4.00 to C$4.50. The stock traded as high as C$2.58 and last traded at C$2.57. 945,648 shares changed hands during mid-day trading, an increase of 134% from the average session volume of 403,582 shares. The stock had previously closed at C$2.32.

Separately, Raymond James increased 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 Stock Performance

The company has a current ratio of 0.82, a quick ratio of 1.49 and a debt-to-equity ratio of 35.54. The company's 50-day moving average is C$1.84 and its two-hundred day moving average is C$1.55. The stock has a market capitalization of C$277.74 million, a P/E ratio of -4.86 and a beta of 1.37.

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.