Integra Resources (CVE:ITR) Trading Up 12.7% – What’s Next?

Shares of Integra Resources Corp. (CVE:ITR) traded up 12.7% on Monday . The stock traded as high as C$4.36 and last traded at C$4.34. 377,620 shares changed hands during mid-day trading, a decline of 26% from the average session volume of 512,737 shares. The stock had previously closed at C$3.85.

Analyst Ratings Changes

Separately, Raymond James Financial upped their target price on Integra Resources from C$4.25 to C$5.50 in a research report on Friday, October 10th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of C$5.00.

Integra Resources Price Performance

The company has a debt-to-equity ratio of 35.54, a current ratio of 0.82 and a quick ratio of 1.49. The business’s fifty day moving average price is C$3.99 and its 200-day moving average price is C$2.87. The stock has a market capitalization of C$741.92 million, a price-to-earnings ratio of 39.91 and a beta of 1.43.

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.