Integra Resources (CVE:ITR) Trading Down 0.8% – Here’s What Happened

Shares of Integra Resources Corp. (CVE:ITR) were down 0.8% during trading on Friday . The company traded as low as C$1.22 and last traded at C$1.23. Approximately 242,342 shares changed hands during mid-day trading, an increase of 20% from the average daily volume of 201,426 shares. The stock had previously closed at C$1.24.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Cormark increased their price objective on shares of Integra Resources from C$4.00 to C$5.00 and gave the company a “buy” rating in a research note on Monday, November 11th. Desjardins upgraded Integra Resources to a “moderate buy” rating in a research note on Thursday, October 31st.

Integra Resources Trading Down 0.8 %

The firm has a market capitalization of C$108.81 million, a price-to-earnings ratio of -2.51 and a beta of 1.37. The company has a quick ratio of 1.49, a current ratio of 1.06 and a debt-to-equity ratio of 29.05. The firm’s 50 day moving average is C$1.31 and its 200 day moving average is C$1.32.

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.