Integra Resources (CVE:ITR) Price Target Raised to C$4.50 at Stifel Nicolaus

Integra Resources (CVE:ITR) had its price target raised by Stifel Nicolaus from C$4.00 to C$4.50 in a research report sent to investors on Monday,BayStreet.CA reports.

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

Integra Resources Stock Up 10.8 %

Shares of ITR opened at C$2.57 on Monday. The company’s 50-day simple moving average is C$1.79 and its 200-day simple moving average is C$1.52. The company has a debt-to-equity ratio of 35.54, a quick ratio of 1.49 and a current ratio of 0.82. Integra Resources has a 1 year low of C$1.00 and a 1 year high of C$2.60. The stock has a market capitalization of C$303.74 million, a PE ratio of -5.32 and a beta of 1.37.

Insider Activity

In other Integra Resources news, Director George Salamis acquired 24,500 shares of the company’s stock in a transaction dated Friday, January 24th. The shares were acquired at an average price of C$1.40 per share, for a total transaction of C$34,282.85. Company insiders own 17.78% of the company’s stock.

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.