Integra Resources (CVE:ITR) Price Target Raised to C$8.00

Integra Resources (CVE:ITR) had its price target upped by Stifel Nicolaus from C$7.00 to C$8.00 in a research note published on Monday,BayStreet.CA reports. They currently have a buy rating on the stock.

Other equities analysts also recently issued reports about the stock. Roth Capital raised shares of Integra Resources to a “strong-buy” rating in a research note on Monday, December 8th. Raymond James Financial lifted their price target on shares of Integra Resources from C$4.25 to C$5.50 in a research report on Friday, October 10th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. Based on data from MarketBeat.com, Integra Resources presently has an average rating of “Strong Buy” and an average price target of C$6.75.

Integra Resources Stock Down 1.0%

Shares of ITR opened at C$5.95 on Monday. Integra Resources has a 52-week low of C$1.12 and a 52-week high of C$6.44. The company has a quick ratio of 1.49, a current ratio of 0.82 and a debt-to-equity ratio of 35.54. The stock has a fifty day simple moving average of C$4.65 and a two-hundred day simple moving average of C$3.49. The company has a market capitalization of C$1.01 billion, a PE ratio of 39.67 and a beta of 1.43.

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. It also holds a portfolio of early-stage exploration projects in Idaho, Nevada, and Arizona.