Integra Resources (CVE:ITR) Hits New 12-Month High at $1.51

Integra Resources Corp. (CVE:ITR) shares hit a new 52-week high on Wednesday . The stock traded as high as C$1.51 and last traded at C$1.47, with a volume of 88854 shares. The stock had previously closed at C$1.43.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on ITR shares. Ventum Financial cut their target price on shares of Integra Resources from C$3.05 to C$3.00 in a research note on Tuesday, May 28th. Stifel Nicolaus dropped their price objective on shares of Integra Resources from C$4.25 to C$4.00 in a research report on Friday, April 19th. Finally, Raymond James dropped their price objective on shares of Integra Resources from C$2.75 to C$2.50 in a research report on Wednesday, May 15th.

Integra Resources Stock Performance

The firm’s fifty day moving average price is C$1.28 and its 200-day moving average price is C$1.15. The company has a current ratio of 0.59, a quick ratio of 1.49 and a debt-to-equity ratio of 27.85. The firm has a market cap of C$130.04 million, a price-to-earnings ratio of -1.96 and a beta of 1.30.

Integra Resources (CVE:ITR) last issued its earnings results on Tuesday, May 14th. The company reported C($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.06) by C($0.04). Analysts expect that Integra Resources Corp. will post -0.15 earnings per share for the current year.

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.