Integra Resources (CVE:ITR) Rating Increased to Moderate Buy at Desjardins

Integra Resources (CVE:ITR) was upgraded by Desjardins to a “moderate buy” rating in a research report issued to clients and investors on Thursday, Zacks.com reports.

Separately, Raymond James upped their target price on shares of Integra Resources from C$2.50 to C$2.75 and gave the stock an “outperform” rating in a research note on Tuesday, July 30th.

Integra Resources Price Performance

Shares of CVE ITR opened at C$1.54 on Thursday. The firm has a market cap of C$136.23 million, a PE ratio of -3.14 and a beta of 1.37. The company has a current ratio of 1.06, a quick ratio of 1.49 and a debt-to-equity ratio of 29.05. Integra Resources has a 1-year low of C$0.86 and a 1-year high of C$1.75. The company has a fifty day moving average price of C$1.37 and a 200 day moving average price of C$1.27.

Integra Resources (CVE:ITR) last announced its earnings results on Wednesday, August 14th. The company reported C($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.05) by C($0.05). Research analysts predict that Integra Resources will post 0.1699752 earnings per share for the current fiscal year.

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.