Integra Resources (CVE:ITR) Stock Price Up 16.5% - Here's Why

Integra Resources Corp. (CVE:ITR - Get Free Report)'s stock price was up 16.5% on Saturday . The stock traded as high as C$2.23 and last traded at C$2.19. Approximately 1,238,531 shares were traded during trading, an increase of 229% from the average daily volume of 376,712 shares. The stock had previously closed at C$1.88.

Wall Street Analysts Forecast Growth

Separately, Raymond James boosted their target price on shares of Integra Resources from C$3.25 to C$3.75 in a research note on Friday, April 4th.

Integra Resources Stock Down 6.5 %

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 business has a 50-day simple moving average of C$1.77 and a 200-day simple moving average of C$1.51. The company has a market cap of C$274.20 million, a PE ratio of -4.80 and a beta of 1.37.

Insider Transactions at Integra Resources

In related news, Director George Salamis purchased 24,500 shares of the business's stock in a transaction that occurred on Friday, January 24th. The stock was bought at an average price of C$1.40 per share, with a total value of C$34,282.85. Corporate insiders own 17.78% of the company's stock.

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.