Shares of Integra Resources Corp (ITR) were revisited by a Wall Street analyst today. Analyst Tara Hassan from Raymond James reiterated a Buy rating, with a C$2.25 price target.
According to TipRanks.com, Hassan is a 4-star analyst with an average return of 16.4% and a 62.9% success rate. Hassan covers the Basic Materials sector, focusing on stocks such as Alamos Gold Inc, B2Gold Corp, and SEMAFO Inc.
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Integra Resources Corp has an analyst consensus of Hold.
Based on Integra Resources Corp’s latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of C$4.01 million. In comparison, last year the company had a GAAP net loss of C$1.58 million.
Integra Resources Corp. is a mineral resources company, which engages in the acquisition, exploration, and development of mineral properties. It holds interest in DeLamar Deposit and Florida Mountain Deposit projects. The company was founded on April 15, 1997 and is headquartered in Vancouver, Canada.
The company’s shares closed on Wednesday at C$0.89.
