Integra Resources (CVE:ITR) Upgraded by Desjardins to “Moderate Buy” Rating

Desjardins upgraded shares of Integra Resources (CVE:ITR) to a moderate buy rating in a research report sent to investors on Thursday morning, Zacks.com reports.

Separately, 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 research note on Tuesday, July 30th.

Integra Resources Trading Down 0.6 %

Shares of Integra Resources stock traded down C$0.01 during trading on Thursday, hitting C$1.54. The company’s stock had a trading volume of 70,094 shares, compared to its average volume of 110,434. Integra Resources has a 52 week low of C$0.86 and a 52 week high of C$1.75. The company has a debt-to-equity ratio of 29.05, a current ratio of 1.06 and a quick ratio of 1.49. The stock has a market cap of C$136.23 million, a price-to-earnings ratio of -3.14 and a beta of 1.37. The stock has a 50-day moving average price of C$1.37 and a two-hundred day moving average price of C$1.27.

Integra Resources (CVE:ITR) last issued its quarterly earnings results on Wednesday, August 14th. The company reported C($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.05) by C($0.05). Equities research analysts anticipate that Integra Resources will post 0.1699752 EPS for the current fiscal year.

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.