Integra Resources (CVE:ITR) Shares Down 3%

Integra Resources Corp. (CVE:ITR)’s stock price dropped 3% on Friday . The company traded as low as C$0.95 and last traded at C$0.97. Approximately 18,400 shares traded hands during trading, a decline of 76% from the average daily volume of 75,975 shares. The stock had previously closed at C$1.00.

Analyst Ratings Changes

Separately, Raymond James decreased their price objective on shares of Integra Resources from C$5.50 to C$5.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 16th.

Integra Resources Stock Performance

The company has a market capitalization of C$66.72 million, a PE ratio of -1.10 and a beta of 1.04. The company has a debt-to-equity ratio of 19.67, a quick ratio of 1.49 and a current ratio of 1.46. The stock’s fifty day simple moving average is C$1.10 and its 200-day simple moving average is C$1.13.

Integra Resources (CVE:ITR) last announced its quarterly earnings data on Monday, August 14th. The company reported C($0.16) earnings per share for the quarter, missing the consensus estimate of C($0.06) by C($0.10). As a group, equities analysts predict that Integra Resources Corp. will post -0.15 earnings per share for the current year.

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.