Integra Resources (CVE:ITR) Shares Up 10.8% After Analyst Upgrade

Integra Resources Corp. (CVE:ITR)’s share price traded up 10.8% during trading 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$2.58 and last traded at C$2.57. 945,648 shares changed hands during trading, an increase of 134% from the average session volume of 403,582 shares. The stock had previously closed at C$2.32.

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

Insider Activity at Integra Resources

In other news, Director George Salamis acquired 24,500 shares of the business’s stock in a transaction dated Friday, January 24th. The stock was purchased at an average cost of C$1.40 per share, for a total transaction of C$34,282.85. 17.78% of the stock is owned by insiders.

Integra Resources Stock Up 10.8 %

The company has a debt-to-equity ratio of 35.54, a quick ratio of 1.49 and a current ratio of 0.82. The stock has a 50-day moving average of C$1.79 and a two-hundred day moving average of C$1.52. The company has a market cap of C$303.74 million, a P/E ratio of -5.32 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.