Integra Resources (CVE:ITR) Price Target Lowered to C$4.00 at Stifel Nicolaus

Integra Resources (CVE:ITR) had its target price cut by Stifel Nicolaus from C$4.25 to C$4.00 in a report released on Friday morning, BayStreet.CA reports.

Separately, Raymond James reduced their price objective on shares of Integra Resources from C$3.50 to C$2.75 in a research note on Monday, April 1st.

Integra Resources Stock Performance

ITR stock opened at C$1.14 on Friday. The company has a current ratio of 0.98, a quick ratio of 1.49 and a debt-to-equity ratio of 23.48. The business’s 50-day moving average price is C$1.04 and its two-hundred day moving average price is C$1.11. Integra Resources has a 1-year low of C$0.86 and a 1-year high of C$2.00. The firm has a market cap of C$100.72 million, a PE ratio of -1.33 and a beta of 1.29.

Integra Resources (CVE:ITR) last posted its quarterly earnings data on Thursday, March 28th. The company reported C($0.14) EPS for the quarter, missing the consensus estimate of C($0.04) by C($0.10). As a group, research analysts forecast that Integra Resources will post -0.15 earnings per share for the current year.

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.