Integra Resources Corp (ITRG): A Technical Analysis

ITRG has 36-month beta value of 1.43.

The public float for ITRG is 72.03M, and currently, short sellers hold a 0.78% ratio of that float. The average trading volume of ITRG on October 23, 2024 was 161.62K shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

ITRG) stock’s latest price update

Integra Resources Corp (AMEX: ITRG) has experienced a rise in its stock price by 14.55 compared to its previous closing price of 1.10. However, the company has seen a gain of 25.04% in its stock price over the last five trading days. zacks.com reported 2024-09-30 that Integra Resources (ITRG) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company’s earnings prospects. This might drive the stock higher in the near term.

ITRG’s Market Performance

ITRG’s stock has risen by 25.04% in the past week, with a monthly rise of 30.85% and a quarterly rise of 20.00%. The volatility ratio for the week is 7.99% while the volatility levels for the last 30 days are 6.06% for Integra Resources Corp The simple moving average for the past 20 days is 23.72% for ITRG’s stock, with a 43.35% simple moving average for the past 200 days.

ITRG Trading at 29.98% from the 50-Day Moving Average

After a stumble in the market that brought ITRG to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 5.88% of gains for the given period.

Volatility was left at 6.06%, however, over the last 30 days, the volatility rate increased by 7.99%, as shares surge +26.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +43.18% upper at present.

During the last 5 trading sessions, ITRG rose by +25.04%, which changed the moving average for the period of 200-days by +28.47% in comparison to the 20-day moving average, which settled at $1.0184. In addition, Integra Resources Corp saw 18.87% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for ITRG

The total capital return value is set at -0.41. Equity return is now at value -56.66, with -30.84 for asset returns.

Based on Integra Resources Corp (ITRG), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at -2.05. The debt to equity ratio resting at 0.3. The interest coverage ratio of the stock is -14.39.

Currently, EBITDA for the company is -35.11 million with net debt to EBITDA at -0.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.06.

Conclusion

To put it simply, Integra Resources Corp (ITRG) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

Related Posts