Integra Resources (CVE:ITR) Stock Price Up 16.5% – What’s Next?

Integra Resources Corp. (CVE:ITR)’s stock price was up 16.5% during mid-day trading on Friday . The stock traded as high as C$2.23 and last traded at C$2.19. Approximately 1,238,531 shares were traded during trading, an increase of 229% from the average daily volume of 376,712 shares. The stock had previously closed at C$1.88.

Analyst Ratings Changes

Separately, Raymond James boosted their price objective on shares of Integra Resources from C$3.25 to C$3.75 in a research report on Friday, April 4th.

Integra Resources Stock Up 16.5 %

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 firm has a 50-day simple moving average of C$1.68 and a two-hundred day simple moving average of C$1.47. The company has a market cap of C$258.83 million, a PE ratio of -4.53 and a beta of 1.37.

Insider Activity at Integra Resources

In other Integra Resources news, Director George Salamis purchased 24,500 shares of Integra Resources stock in a transaction on Friday, January 24th. The shares were bought at an average price of C$1.40 per share, with a total value of C$34,282.85. In the last quarter, insiders bought 45,000 shares of company stock valued at $61,033. 17.78% of the stock is owned by insiders.

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.