Insider Buying: Integra Resources Corp. (CVE:ITR) Director Buys 24,500 Shares of Stock

Integra Resources Corp. (CVE:ITR) Director George Salamis bought 24,500 shares of the stock in a transaction on Friday, January 24th. The stock was purchased at an average price of C$1.40 per share, with a total value of C$34,282.85.

George Salamis also recently made the following trade(s):

• On Wednesday, January 15th, George Salamis bought 10,000 shares of Integra Resources stock. The shares were acquired at an average cost of C$1.19 per share, for a total transaction of C$11,850.00.

Integra Resources Price Performance

CVE ITR remained flat at C$1.37 during trading on Monday. The company’s stock had a trading volume of 369,216 shares, compared to its average volume of 289,220. 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 market capitalization of C$121.19 million, a P/E ratio of -2.80 and a beta of 1.37. The company has a current ratio of 1.06, a quick ratio of 1.49 and a debt-to-equity ratio of 29.05. The firm’s fifty day moving average is C$1.27 and its 200 day moving average is C$1.32.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on ITR shares. 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 note on Monday, November 11th. Desjardins raised Integra Resources to a “moderate buy” rating in a research report on Thursday, October 31st.

About Integra Resources

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.