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

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

Separately, Raymond James dropped 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 Up 3.4 %

Shares of CVE ITR opened at C$1.20 on Friday. The firm’s 50-day moving average price is C$1.04 and its 200-day moving average price is C$1.11. 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 stock has a market capitalization of C$106.02 million, a price-to-earnings ratio of -1.40 and a beta of 1.29. Integra Resources has a 12-month low of C$0.86 and a 12-month high of C$2.10.

Integra Resources (CVE:ITR) last announced its earnings results on Thursday, March 28th. The company reported C($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.04) by C($0.10). On average, equities research analysts anticipate that Integra Resources will post -0.15 EPS 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.