Integra Resources Corp (AMEX: ITRG)’s stock price has increased by 14.13 compared to its previous closing price of 0.83. However, the company has seen a 15.27% increase in its stock price over the last five trading sessions. prnewswire.com reported 2025-01-22 that (All amounts expressed in US dollars, as at December 31, 2024 and are unaudited) TSXV: ITR; NYSE American: ITRG www.integraresources.com VANCOUVER, BC, Jan. 22, 2025 /PRNewswire/ – Integra Resources Corp. (“Integra” or the “Company”) (TSXV: ITR) (NYSE American: ITRG) announces record fourth quarter and full year 2024 production results from its principal operating asset, the Florida Canyon Mine (“Florida Canyon”), located in Nevada. The Company is also pleased to provide the unaudited 2024 year-end cash balance and to announce the implementation of a gold price protection program for 2025 production at Florida Canyon.
Is It Worth Investing in Integra Resources Corp (AMEX: ITRG) Right Now?
Additionally, the 36-month beta value for ITRG is 1.35. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 5 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for ITRG is 147.83M and currently, short sellers hold a 1.04% ratio of that float. The average trading volume of ITRG on January 23, 2025 was 286.60K shares.
ITRG’s Market Performance
ITRG stock saw an increase of 15.27% in the past week, with a monthly gain of 7.29% and a quarterly increase of -14.07%. The volatility ratio for the week is 3.83%, and the volatility levels for the last 30 days are 4.22% for Integra Resources Corp (ITRG). The simple moving average for the last 20 days is 9.28% for ITRG stock, with a simple moving average of 1.69% for the last 200 days.
ITRG Trading at 3.98% 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 unable to rebound, for now settling with -26.15% of loss for the given period.
Volatility was left at 4.22%, however, over the last 30 days, the volatility rate increased by 3.83%, as shares surge +4.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.72% lower at present.
During the last 5 trading sessions, ITRG rose by +14.68%, which changed the moving average for the period of 200-days by +10.90% in comparison to the 20-day moving average, which settled at $0.8648. In addition, Integra Resources Corp saw 8.66% 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 -63.44, with -29.73 for asset returns.
Based on Integra Resources Corp (ITRG), the company’s capital structure generated 0.26 points at debt to capital in total, while cash flow to debt ratio is standing at -1.87. The debt to equity ratio resting at 0.36. The interest coverage ratio of the stock is -12.75.
Currently, EBITDA for the company is -35.11 million with net debt to EBITDA at -0.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.81.
Conclusion
In conclusion, Integra Resources Corp (ITRG) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
