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

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

Wall Street Analyst Weigh In

Several brokerages recently weighed in on ITR. Cormark lifted their price objective on Integra Resources from C$4.00 to C$5.00 and gave the stock a “buy” rating in a report on Monday, November 11th. Desjardins raised shares of Integra Resources to a “moderate buy” rating in a research report on Thursday, October 31st.

Integra Resources Trading Down 0.8 %

The company has a debt-to-equity ratio of 29.05, a quick ratio of 1.49 and a current ratio of 1.06. The firm has a market cap of C$108.81 million, a P/E ratio of -2.51 and a beta of 1.37. The firm has a 50 day simple moving average of C$1.31 and a 200 day simple moving average of C$1.32.

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.