Integra Resources (CVE:ITR) Trading Up 10.8% After Analyst Upgrade

Integra Resources Corp. (CVE:ITR - Get Free Report) shares were up 10.8% on Tuesday 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. Approximately 945,648 shares were traded during mid-day trading, an increase of 134% from the average daily volume of 403,582 shares. The stock had previously closed at C$2.32.

Separately, Raymond James upped their price target on 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 market capitalization of C$277.74 million, a price-to-earnings ratio of -4.86 and a beta of 1.37. 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 firm has a 50 day moving average price of C$1.84 and a two-hundred day moving average price of C$1.55.

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.