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

Integra Resources Corp. (CVE:ITR)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$4.88 and last traded at C$4.83, with a volume of 70705 shares traded. The stock had previously closed at C$4.63.

Analyst Upgrades and Downgrades

Separately, Raymond James Financial increased their price objective on Integra Resources from C$4.25 to C$5.50 in a research note on Friday, October 10th.

Integra Resources Trading Up 5.8%

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 company has a fifty day moving average price of C$4.18 and a two-hundred day moving average price of C$3.05. The firm has a market capitalization of C$829.59 million, a price-to-earnings ratio of 32.67 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.