Stifel Nicolaus Issues Positive Forecast for Integra Resources (CVE:ITR) Stock Price

Integra Resources (CVE:ITR) had its price objective hoisted by equities researchers at Stifel Nicolaus from C$4.00 to C$4.50 in a report issued on Monday,BayStreet.CA reports. Stifel Nicolaus’ price objective would indicate a potential upside of 85.19% from the company’s current price.

Separately, Raymond James raised their target price on Integra Resources from C$3.25 to C$3.75 in a research report on Friday, April 4th.

Integra Resources Stock Performance

Integra Resources stock traded up C$0.11 on Monday, reaching C$2.43. 384,456 shares of the stock were exchanged, compared to its average volume of 395,680. The firm has a fifty day moving average price of C$1.77 and a two-hundred day moving average price of C$1.51. The stock has a market cap of C$287.20 million, a PE ratio of -5.03 and a beta of 1.37. The company has a current ratio of 0.82, a quick ratio of 1.49 and a debt-to-equity ratio of 35.54. Integra Resources has a twelve month low of C$1.00 and a twelve month high of C$2.60.

Insider Transactions at Integra Resources

In related news, Director George Salamis acquired 24,500 shares of the company’s stock in a transaction dated Friday, January 24th. The shares were bought at an average price of C$1.40 per share, for a total transaction of C$34,282.85. 17.78% of the stock is currently owned by 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.