Integra Resources (CVE:ITR) received a C$7.25 price target from equities research analysts at National Bank Financial in a note issued to investors on Tuesday, BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s target price indicates a potential upside of 60.04% from the company’s current price.
Several other equities research analysts have also recently weighed in on ITR. Pi Financial increased their price objective on Integra Resources from C$6.75 to C$7.50 in a report on Friday, August 28th. Raymond James set a C$7.00 price objective on Integra Resources and gave the stock an “outperform” rating in a report on Friday, August 21st.
ITR opened at C$4.53 on Tuesday. The stock’s 50 day simple moving average is C$4.06 and its 200 day simple moving average is C$1.88. The company has a debt-to-equity ratio of 4.15, a current ratio of 4.80 and a quick ratio of 4.67. Integra Resources has a 1 year low of C$1.22 and a 1 year high of C$5.90. The firm has a market cap of $114.78 million and a price-to-earnings ratio of -8.73.
Integra Resources (CVE:ITR) last posted its quarterly earnings results on Thursday, August 13th. The company reported C($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.09) by C($0.02). As a group, sell-side analysts anticipate that Integra Resources will post -0.28 EPS for the current year.
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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