Integra Resources (CVE:ITR) Stock Price Down 0.8% – What’s Next?

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

Analyst Ratings Changes

A number of analysts recently issued reports on ITR shares. Cormark lifted their price objective on Integra Resources from C$4.00 to C$5.00 and gave the company a “buy” rating in a research report on Monday, November 11th. Desjardins upgraded Integra Resources to a “moderate buy” rating in a report on Thursday, October 31st.

Integra Resources Stock Performance

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

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.