Integra Resources (CVE:ITR) Reaches New 1-Year High – Time to Buy?

Integra Resources Corp. (CVE:ITR) hit a new 52-week high during trading on Tuesday . The company traded as high as C$1.92 and last traded at C$1.87, with a volume of 518235 shares traded. The stock had previously closed at C$1.81.

Integra Resources Stock 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 firm’s fifty day moving average price is C$1.55 and its two-hundred day moving average price is C$1.42. The stock has a market capitalization of C$225.74 million, a PE ratio of -3.95 and a beta of 1.37.

Insider Transactions at Integra Resources

In other Integra Resources news, Director George Salamis bought 24,500 shares of Integra Resources stock in a transaction dated Friday, January 24th. The stock was acquired at an average cost of C$1.40 per share, with a total value of C$34,282.85. Insiders have bought a total of 38,500 shares of company stock valued at $50,893 in the last ninety days. 17.78% of the stock is currently owned by corporate insiders.

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.