Integra Resources (CVE:ITR) Given New C$8.00 Price Target at Stifel Nicolaus

Integra Resources (CVE:ITR) had its price objective upped by Stifel Nicolaus from C$7.00 to C$8.00 in a report published on Monday morning,BayStreet.CA reports. They currently have a buy rating on the stock.

Several other analysts have also recently commented on ITR. Raymond James Financial lifted their price objective on shares of Integra Resources from C$4.25 to C$5.50 in a research note on Friday, October 10th. Roth Capital upgraded shares of Integra Resources to a “strong-buy” rating in a research report on Monday, December 8th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Strong Buy” and an average target price of C$6.75.

Integra Resources Trading Up 0.3%

Shares of CVE:ITR opened at C$6.10 on Monday. The company has a quick ratio of 1.49, a current ratio of 0.82 and a debt-to-equity ratio of 35.54. Integra Resources has a 52-week low of C$1.12 and a 52-week high of C$6.44. The stock has a market cap of C$1.03 billion, a price-to-earnings ratio of 40.67 and a beta of 1.43. The business has a 50-day moving average price of C$4.59 and a 200-day moving average price of C$3.44.

Integra Resources Company Profile

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. It also holds a portfolio of early-stage exploration projects in Idaho, Nevada, and Arizona.