National Bank Financial Increases Integra Resources (CVE:ITR) Price Target to C$2.25

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Integra Resources (CVE:ITR) had its target price lifted by equities research analysts at National Bank Financial from C$1.90 to C$2.25 in a research report issued to clients and investors on Monday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s price objective suggests a potential upside of 67.91% from the company’s current price.

A number of other equities research analysts have also issued reports on the stock. Roth Capital restated a “buy” rating on shares of Integra Resources in a report on Wednesday, June 19th. Raymond James set a C$2.25 price target on shares of Integra Resources and gave the company an “outperform” rating in a report on Friday, August 2nd. Finally, Pi Financial boosted their price target on shares of Integra Resources from C$1.45 to C$1.75 in a report on Wednesday, July 24th.

Integra Resources stock traded up C$0.03 during midday trading on Monday, reaching C$1.34. 70,651 shares of the stock traded hands, compared to its average volume of 94,370. The company has a current ratio of 0.96, a quick ratio of 0.90 and a debt-to-equity ratio of 25.41. The stock has a fifty day moving average price of C$1.02. The firm has a market cap of $101.27 million and a price-to-earnings ratio of -5.25. Integra Resources has a fifty-two week low of C$0.61 and a fifty-two week high of C$1.38.

Integra Resources Company Profile

Integra Resources Corp., a development stage company, engages in the acquisition, exploration, and development of mineral properties in the Americas. The company explores for base metal, gold, and silver deposits. Its primary focus is the DeLamar project that consists of DeLamar and Florida Mountain gold and silver deposits located in the Owyhee County mining district in southwestern Idaho.

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