Any price prediction for ITRG?


Aime
Integra Resources (ITRG) is poised for a bullish outlook, considering the following factors:
- Current Price Trend: The stock is in a bullish trend that has lasted for 9 days, with a continuation probability of 75% based on clear trend days.
- Support and Resistance Levels: ITRG is currently above the wide resistance level, indicating a potential for price swing but with a general upward bias. The support level is at $1.14, which the stock is likely to find challenging to break below.
- Analyst Confidence: The analyst average price target is $2.75, with a consensus rating of "Strong Buy"1, suggesting that analysts believe the stock has room to grow from its current price.
1/2
- Recent Performance: ITRG stock recently hit a 52-week high, reflecting market optimism about its growth trajectory2. The company's financial health, with a current ratio of 2.28 and a strong cash balance, supports this positive outlook2.
- Forecast Price: The price forecast for ITRG shows a mean forecast price of $1.82, with a range that suggests a potential for the stock to fluctuate between $1.61 and $1.92. This aligns with the current bullish trend and analyst expectations.
In conclusion, ITRG's bullish trend, supported by analyst confidence and recent performance, suggests a positive outlook for the stock. However, investors should monitor the stock's movement against the resistance level and consider the potential price fluctuations forecasted by the trend similarity-based analysis.
Source:
1.
ITRG Analyst Average Price Target, Consensus Rating
more
less
Continue this conversation 

Explore
Screener
Analysis
Wiki