Integra Resources (CVE:ITR) Stock Price Up 10.8% on Analyst Upgrade

Shares of Integra Resources Corp. (CVE:ITR) traded up 10.8% during trading on Tuesday after Stifel Nicolaus raised their price target on the stock from C$4.00 to C$4.50. The company traded as high as C$2.58 and last traded at C$2.57. 945,648 shares changed hands during mid-day 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 boosted their price target 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 related news, Director George Salamis bought 24,500 shares of the business’s stock in a transaction that occurred on Friday, January 24th. The stock was bought 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 currently owned by insiders.

Integra Resources Price Performance

The company has a current ratio of 0.82, a quick ratio of 1.49 and a debt-to-equity ratio of 35.54. The business has a fifty day moving average price of C$1.80 and a 200-day moving average price of C$1.53. The stock has a market capitalization of C$290.74 million, a PE ratio of -5.09 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.