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

Integra Resources (CVE:ITR) had its price target upped by Cormark from C$4.00 to C$5.00 in a research report report published on Monday,BayStreet.CA reports. They currently have a buy rating on the stock.

Other equities research analysts also recently issued research reports about the company. Desjardins raised Integra Resources to a “moderate buy” rating in a report on Thursday, October 31st. Raymond James lifted their price target on Integra Resources from C$2.50 to C$2.75 and gave the company an “outperform” rating in a research report on Tuesday, July 30th.

Integra Resources Price Performance

Shares of CVE ITR opened at C$1.37 on Monday. The company has a debt-to-equity ratio of 29.05, a quick ratio of 1.49 and a current ratio of 1.06. The company has a market cap of C$121.19 million, a PE ratio of -2.80 and a beta of 1.37. The business has a 50-day simple moving average of C$1.39 and a two-hundred day simple moving average of C$1.28. Integra Resources has a fifty-two week low of C$0.86 and a fifty-two week high of C$1.75.

Integra Resources (CVE:ITR) last issued its quarterly earnings results on Wednesday, August 14th. The company reported C($0.10) earnings per share for the quarter, missing the consensus estimate of C($0.05) by C($0.05). As a group, equities analysts expect that Integra Resources will post 0.1699752 EPS for the current fiscal 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.