Insider Buying: Integra Resources Corp. (CVE:ITR) Director Purchases C$34,282.85 in Stock

Integra Resources Corp. (CVE:ITR) Director George Salamis purchased 24,500 shares of the business’s stock in a transaction dated Friday, January 24th. The stock was bought at an average cost of C$1.40 per share, with a total value of C$34,282.85.

George Salamis also recently made the following trade(s):

• On Wednesday, January 15th, George Salamis bought 10,000 shares of Integra Resources stock. The stock was purchased at an average cost of C$1.19 per share, with a total value of C$11,850.00.

Integra Resources Stock Up 2.4 %

Shares of CVE:ITR opened at C$1.50 on Thursday. The stock’s 50-day moving average price is C$1.27 and its two-hundred day moving average price is C$1.32. The company has a current ratio of 1.06, a quick ratio of 1.49 and a debt-to-equity ratio of 29.05. Integra Resources Corp. has a 12-month low of C$0.86 and a 12-month high of C$1.75. The firm has a market cap of C$132.25 million, a price-to-earnings ratio of -3.05 and a beta of 1.37.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Cormark raised their price target on shares of Integra Resources from C$4.00 to C$5.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. Desjardins raised shares of Integra Resources to a “moderate buy” rating in a research note on Thursday, October 31st.

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.