Integra Resources Corp. (CVE:ITR) Director Stephen Edward De Jong Acquires 5,000 Shares

Integra Resources Corp. (CVE:ITR) Director Stephen Edward De Jong purchased 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 29th. The stock was purchased at an average price of C$3.65 per share, with a total value of C$18,250.00. Following the purchase, the director now directly owns 998,381 shares of the company’s stock, valued at C$3,644,090.65.

Shares of CVE:ITR opened at C$3.73 on Tuesday. The company has a market capitalization of C$204.39 million and a PE ratio of -6.84. The company has a current ratio of 5.23, a quick ratio of 5.11 and a debt-to-equity ratio of 3.41. Integra Resources Corp. has a twelve month low of C$2.30 and a twelve month high of C$5.90. The firm has a 50 day simple moving average of C$3.78 and a 200-day simple moving average of C$4.26.

Integra Resources (CVE:ITR) last released its quarterly earnings results on Friday, March 12th. The company reported C($0.22) EPS for the quarter, missing the consensus estimate of C($0.09) by C($0.13). As a group, equities research analysts predict that Integra Resources Corp. will post -0.41 EPS for the current fiscal year.

Several brokerages have recently weighed in on ITR. Pi Financial boosted their price objective on shares of Integra Resources from C$7.00 to C$7.05 and gave the stock a “buy” rating in a research report on Tuesday, February 9th. Raymond James set a C$8.00 price objective on shares of Integra Resources and gave the stock an “outperform” rating in a research report on Friday, April 9th. Finally, National Bank Financial reduced their price objective on shares of Integra Resources from C$7.25 to C$7.00 and set an “outperform” rating for the company in a research report on Monday, January 11th.

About Integra Resources

Integra Resources Corp., a mineral resources company, engages in the acquisition, exploration, and development of mineral properties in the Americas. The company primarily focuses on the development of DeLamar project that consists of DeLamar and Florida Mountain gold and silver deposits comprising 748 unpatented lode, placer, and millsite claims, as well as 16 tax parcels covering an area of approximately 8,100 hectares located in the Owyhee County, south western Idaho.

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