George Salamis Buys 10,000 Shares of Integra Resources Corp. (CVE:ITR) Stock

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

Integra Resources Price Performance

Shares of ITR stock opened at C$1.18 on Wednesday. Integra Resources Corp. has a fifty-two week low of C$0.86 and a fifty-two week high of C$1.75. The company has a debt-to-equity ratio of 29.05, a quick ratio of 1.49 and a current ratio of 1.06. The firm has a market capitalization of C$104.38 million, a price-to-earnings ratio of -2.41 and a beta of 1.37. The stock’s 50-day simple moving average is C$1.27 and its 200-day simple moving average is C$1.32.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on ITR shares. Desjardins upgraded shares of Integra Resources to a “moderate buy” rating in a report on Thursday, October 31st. Cormark increased their target price 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.