Integra Resources (CVE:ITR) has been assigned a C$2.50 target price by investment analysts at Raymond James in a research report issued on Monday, BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Raymond James’ price objective points to a potential upside of 106.61% from the stock’s current price.
Separately, National Bank Financial set a C$2.25 price target on shares of Integra Resources and gave the stock an “outperform” rating in a research report on Thursday, December 5th.
Shares of CVE ITR opened at C$1.21 on Monday. The company has a market capitalization of $124.15 million and a P/E ratio of -5.28. Integra Resources has a 52-week low of C$0.61 and a 52-week high of C$1.42. The company has a debt-to-equity ratio of 19.19, a quick ratio of 1.58 and a current ratio of 1.65. The company’s 50 day moving average price is C$1.21 and its 200-day moving average price is C$1.06.
Integra Resources Corp., a development stage company, engages in the acquisition, exploration, and development of mineral properties in the Americas. The company explores for base metal, gold, and silver deposits. Its primary focus is the DeLamar project that consists of DeLamar and Florida Mountain gold and silver deposits located in the Owyhee County mining district in southwestern Idaho.
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