Integra Resources (CVE:ITR) Price Target Increased to C$4.00 by Analysts at Desjardins

Integra Resources (CVE:ITR) had its price objective boosted by Desjardins from C$3.75 to C$4.00 in a research note issued to investors on Thursday, BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Desjardins’ price target would indicate a potential upside of 214.96% from the company’s current price.

Other equities analysts have also recently issued research reports about the company. Raymond James boosted their price objective on Integra Resources from C$2.50 to C$2.75 and gave the company an “outperform” rating in a report on Tuesday, July 30th. Ventum Financial dropped their target price on Integra Resources from C$3.05 to C$3.00 in a research report on Tuesday, May 28th.

Integra Resources Stock Performance

CVE ITR traded down C$0.01 on Thursday, reaching C$1.27. 118,154 shares of the company’s stock traded hands, compared to its average volume of 105,347. Integra Resources has a fifty-two week low of C$0.86 and a fifty-two week high of C$1.51. The company has a debt-to-equity ratio of 24.47, a quick ratio of 1.49 and a current ratio of 1.48. The firm has a market cap of C$113.03 million, a price-to-earnings ratio of -2.65 and a beta of 1.36. The stock has a 50 day moving average price of C$1.28 and a 200-day moving average price of C$1.15.

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.