Raymond James Issues Positive Forecast for Integra Resources (CVE:ITR) Stock Price

Integra Resources (CVE:ITR) had its target price lifted by Raymond James from C$3.25 to C$3.75 in a research report sent to investors on Friday,BayStreet.CA reports.

Integra Resources Trading Down 3.5 %

Shares of Integra Resources stock opened at C$1.64 on Friday. The firm has a market cap of C$193.83 million, a PE ratio of -3.39 and a beta of 1.37. The company has a quick ratio of 1.49, a current ratio of 0.82 and a debt-to-equity ratio of 35.54. Integra Resources has a fifty-two week low of C$1.00 and a fifty-two week high of C$1.96. The business’s fifty day moving average is C$1.66 and its two-hundred day moving average is C$1.45.

Insider Buying and Selling at Integra Resources

In related news, Director George Salamis purchased 24,500 shares of the business’s stock in a transaction on Friday, January 24th. The shares were bought at an average price of C$1.40 per share, with a total value of C$34,282.85. Insiders acquired 38,500 shares of company stock worth $50,893 in the last 90 days. 17.78% of the stock is owned by company insiders.

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.