Integra Resources (CVE:ITR) Stock Price Up 3.3%

Integra Resources Corp. (CVE:ITR) rose 3.3% during mid-day trading on Wednesday . The stock traded as high as C$1.29 and last traded at C$1.27. Approximately 25,063 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 100,090 shares. The stock had previously closed at C$1.23.

Analyst Ratings Changes

A number of research analysts have recently commented on ITR shares. Stifel Nicolaus reduced their price target on shares of Integra Resources from C$4.25 to C$4.00 in a research report on Friday, April 19th. Ventum Financial reduced their target price on Integra Resources from C$3.05 to C$3.00 in a research report on Tuesday, May 28th. Finally, Raymond James lowered their price target on Integra Resources from C$2.75 to C$2.50 in a report on Wednesday, May 15th.

Integra Resources Trading Up 3.3 %

The stock’s 50 day simple moving average is C$1.18 and its 200 day simple moving average is C$1.15. The company has a debt-to-equity ratio of 27.85, a quick ratio of 1.49 and a current ratio of 0.59. The firm has a market cap of C$112.34 million, a PE ratio of -1.79 and a beta of 1.30.

Integra Resources (CVE:ITR) last released its earnings results on Tuesday, May 14th. The company reported C($0.10) EPS for the quarter, missing analysts’ consensus estimates of C($0.06) by C($0.04). On average, sell-side analysts forecast that Integra Resources Corp. will post -0.15 earnings per share for the current fiscal year.

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.