Integra Resources (CVE:ITR) Price Target Raised to C$3.75

Integra Resources (CVE:ITR) had its price target increased by Raymond James from C$3.25 to C$3.75 in a report released on Friday morning,BayStreet.CA reports.

Integra Resources Trading Down 3.5 %

Shares of CVE:ITR opened at C$1.64 on Friday. The stock has a market capitalization of C$193.83 million, a price-to-earnings ratio of -3.39 and a beta of 1.37. Integra Resources has a 1-year low of C$1.00 and a 1-year high of C$1.96. The company has a 50 day moving average price of C$1.66 and a 200 day moving average price of C$1.45. The company has a debt-to-equity ratio of 35.54, a quick ratio of 1.49 and a current ratio of 0.82.

Insider Transactions at Integra Resources

In other news, Director George Salamis acquired 24,500 shares of the firm’s stock in a transaction that occurred on Friday, January 24th. The stock was purchased at an average price of C$1.40 per share, with a total value of C$34,282.85. Insiders have purchased 38,500 shares of company stock valued at $50,893 over the last three months. Company insiders own 17.78% of the company’s stock.

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.