Integra Resources Corp. (CVE:ITR) Director Acquires C$23,800.00 in Stock

Integra Resources Corp. (CVE:ITRGet Rating) Director George Salamis bought 20,000 shares of the business’s stock in a transaction that occurred on Thursday, May 12th. The shares were acquired at an average cost of C$1.19 per share, for a total transaction of C$23,800.00. Following the completion of the purchase, the director now owns 210,000 shares in the company, valued at C$249,900.

CVE ITR opened at C$1.21 on Friday. The company has a quick ratio of 2.51, a current ratio of 2.64 and a debt-to-equity ratio of 4.95. Integra Resources Corp. has a 52 week low of C$1.15 and a 52 week high of C$4.19. The stock has a market capitalization of C$75.74 million and a PE ratio of -1.61. The firm has a 50 day moving average of C$1.64 and a two-hundred day moving average of C$2.26.

Integra Resources (CVE:ITRGet Rating) last posted its quarterly earnings results on Wednesday, March 30th. The company reported C($0.14) EPS for the quarter, missing the consensus estimate of C($0.13) by C($0.01). On average, equities research analysts expect that Integra Resources Corp. will post -0.15 earnings per share for the current fiscal year.

Several brokerages recently weighed in on ITR. Stifel Nicolaus cut their target price on shares of Integra Resources from C$8.00 to C$5.25 in a research note on Wednesday, April 27th. Raymond James cut their target price on shares of Integra Resources from C$5.50 to C$4.50 and set an “outperform” rating on the stock in a research note on Friday, April 22nd. Finally, National Bankshares cut their target price on shares of Integra Resources from C$6.50 to C$3.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 16th. Four analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of C$4.25.

About Integra Resources (Get Rating)

Integra Resources Corp., a mineral resources company, engages in the acquisition, exploration, and development of mineral properties in the Americas. It primarily focuses on the development of DeLamar project that consists of DeLamar and Florida Mountain gold and silver deposits comprising 790 unpatented lode, placer, and millsite claims, as well as 16 tax parcels covering an area of approximately 8,673 hectares located in the Owyhee County, south western Idaho.

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