Integra Resources (CVE:ITR) Trading Down 0.8% – Here’s What Happened

Integra Resources Corp. (CVE:ITR)’s stock price fell 0.8% during mid-day trading on Friday . The company traded as low as C$1.22 and last traded at C$1.23. 242,342 shares traded hands during trading, an increase of 20% from the average session volume of 201,426 shares. The stock had previously closed at C$1.24.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Desjardins upgraded Integra Resources to a “moderate buy” rating in a report on Thursday, October 31st. Cormark boosted their target price on Integra Resources from C$4.00 to C$5.00 and gave the stock a “buy” rating in a report on Monday, November 11th.

Integra Resources Stock Down 0.8 %

The stock has a market capitalization of C$108.81 million, a P/E ratio of -2.51 and a beta of 1.37. The stock’s fifty day simple moving average is C$1.31 and its two-hundred day simple moving average is C$1.32. The company has a debt-to-equity ratio of 29.05, a quick ratio of 1.49 and a current ratio of 1.06.

Integra Resources Company Profile

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.