Analysts Are Bullish on Integra Resources Corp. (ITRG) – Here’s Why

Group 1 - Integra Resources Corp. (NYSE:ITRG) is considered a strong buy penny stock, with price targets set at C$9 by both Stifel and Raymond James, maintaining a Buy rating [1][2] - The company completed a bought deal public offering of 18,121,600 common shares at $3.40 per share, raising aggregate gross proceeds of $61,613,440 [2][3] - The offering was led by Canaccord Genuity Corp. and Stifel Nicolaus Canada Inc., with plans to use the net proceeds for pre-production capital expenditures at the DeLamar Project [3] Group 2 - Integra Resources Corp. is a development-stage company focused on the acquisition, development, and exploration of mineral properties in the Americas [4]