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

Integra Resources (CVE:ITR) had its price target reduced by Stifel Nicolaus from C$4.25 to C$4.00 in a research note published on Friday, BayStreet.CA reports.

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

Integra Resources Stock Performance

Shares of Integra Resources stock opened at C$1.14 on Friday. The firm’s 50-day simple moving average is C$1.04 and its 200-day simple moving average 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. The company has a debt-to-equity ratio of 23.48, a quick ratio of 1.49 and a current ratio of 0.98.

Integra Resources (CVE:ITR) last issued its earnings results on Thursday, March 28th. The company reported C($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.04) by C($0.10). Equities analysts forecast that Integra Resources will post -0.15 earnings per share for the current fiscal 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.