Integra Resources (CVE:ITR) Sets New 12-Month Low – Here’s What Happened

Integra Resources Corp. (CVE:ITR – Get Free Report) shares reached a new 52-week low on Tuesday. The stock traded as low as C$2.79 and last traded at C$2.81, with a volume of 255,296 shares traded. The stock had previously closed at C$2.94.

Analysts Set New Price Targets

Separately, Ventum Capital set a C$8.75 target price on shares of Integra Resources and gave the stock a “buy” rating in a report on Monday, September 21st. One research analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of C$8.75.

Get Our Latest Stock Report on Integra Resources

Integra Resources Stock Performance

The stock has a market capitalization of C$606.59 million, a P/E ratio of 74.75 and a beta of 2.03. The stock has a 50 day moving average of C$3.59 and a 200 day moving average of C$3.92. The company has a debt-to-equity ratio of 11.70, a quick ratio of 1.49 and a current ratio of 5.31.

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.

Further Reading

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