Integra Resources (CVE:ITR) Trading 6% Higher Following Analyst Upgrade

Integra Resources Corp. (CVE:ITR - Get Free Report) shares were up 6% 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$2.49 and last traded at C$2.46. Approximately 531,339 shares changed hands during trading, an increase of 34% from the average daily volume of 396,373 shares. The stock had previously closed at C$2.32.

Separately, Raymond James raised their price objective 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 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's 50-day moving average price is C$1.84 and its 200 day moving average price is C$1.55. 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.

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.