Integra Resources Corp. (CVE:ITR) Director George Salamis Acquires 24,500 Shares

Integra Resources Corp. (CVE:ITR) Director George Salamis bought 24,500 shares of the firm’s stock in a transaction dated Friday, January 24th. The shares were acquired at an average price of C$1.40 per share, for a total transaction of C$34,282.85.

George Salamis also recently made the following trade(s):

• On Wednesday, January 15th, George Salamis purchased 10,000 shares of Integra Resources stock. The shares were bought at an average price of C$1.19 per share, for a total transaction of C$11,850.00.

Integra Resources Stock Performance

ITR opened at C$1.37 on Tuesday. The firm has a 50 day simple moving average of C$1.27 and a 200 day simple moving average of C$1.32. Integra Resources Corp. has a fifty-two week low of C$0.86 and a fifty-two week high of C$1.75. The company has a market cap of C$121.19 million, a price-to-earnings ratio of -2.80 and a beta of 1.37. The company has a debt-to-equity ratio of 29.05, a current ratio of 1.06 and a quick ratio of 1.49.

Analyst Upgrades and Downgrades

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

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.