Ventum Capital Reiterates C$8.75 Price Target for Integra Resources (CVE:ITR)

Ventum Capital set a C$8.75 target price on Integra Resources (CVE:ITRFree Report) in a research note issued to investors on Monday,BayStreet reports. The firm currently has a buy rating on the stock.

Integra Resources Stock Down 3.4%

Shares of ITR opened at C$3.94 on Monday. The business’s 50 day moving average is C$3.59 and its 200 day moving average is C$3.69. The company has a current ratio of 5.31, a quick ratio of 1.49 and a debt-to-equity ratio of 11.70. Integra Resources has a 12-month low of C$2.80 and a 12-month high of C$6.60. The company has a market capitalization of C$799.32 million, a PE ratio of 98.50 and a beta of 2.18.

Insider Activity

In related news, Director George Salamis acquired 25,000 shares of Integra Resources stock in a transaction dated Monday, July 13th. The shares were purchased at an average price of C$2.99 per share, for a total transaction of C$74,750.00. Following the completion of the transaction, the director directly owned 820,737 shares in the company, valued at approximately C$2,454,003.63. This represents a 3.14% increase in their position. 17.78% of the stock is currently owned by insiders.

Integra Resources Company Profile

(Get Free Report)

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.

Featured Stories

Analyst Recommendations for Integra Resources (CVE:ITR)

Receive News & Ratings for Integra Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Integra Resources and related companies with MarketBeat.com's FREE daily email newsletter.