Insider Buying: Integra Resources Corp. (CVE:ITR) Director Buys 10,000 Shares of Stock

Integra Resources Corp. (CVE:ITR) Director George Salamis purchased 10,000 shares of the stock in a transaction that occurred on Wednesday, January 15th. The shares were purchased at an average price of C$1.19 per share, with a total value of C$11,850.00.

Integra Resources Price Performance

Shares of Integra Resources stock remained flat at C$1.15 during trading on Monday. The company had a trading volume of 233,435 shares, compared to its average volume of 212,148. Integra Resources Corp. has a 12 month low of C$0.86 and a 12 month high of C$1.75. The stock has a 50-day simple moving average of C$1.28 and a 200-day simple moving average of C$1.32. The stock has a market cap of C$101.73 million, a PE ratio of -2.35 and a beta of 1.37. The company has a quick ratio of 1.49, a current ratio of 1.06 and a debt-to-equity ratio of 29.05.

Analysts Set New Price Targets

Several equities analysts have commented on ITR shares. Desjardins raised Integra Resources to a “moderate buy” rating in a research report on Thursday, October 31st. Cormark increased their price objective on shares of Integra Resources from C$4.00 to C$5.00 and gave the company a “buy” rating in a research report on Monday, November 11th.

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.