GMT Capital Corp Buys Shares of 15,734,738 Integra Resources Corp. (NYSEAMERICAN:ITRG)

GMT Capital Corp bought a new stake in shares of Integra Resources Corp. (NYSEAMERICAN:ITRG - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 15,734,738 shares of the company's stock, valued at approximately $13,566,000. Integra Resources makes up 0.7% of GMT Capital Corp's portfolio, making the stock its 21st largest position. GMT Capital Corp owned approximately 9.33% of Integra Resources as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Franklin Resources Inc. lifted its holdings in shares of Integra Resources by 59.0% in the fourth quarter. Franklin Resources Inc. now owns 11,765,543 shares of the company's stock valued at $10,146,000 after buying an additional 4,366,962 shares during the period. Ruffer LLP lifted its holdings in Integra Resources by 89.9% in the 4th quarter. Ruffer LLP now owns 3,126,053 shares of the company's stock valued at $2,697,000 after acquiring an additional 1,480,000 shares during the last quarter. Stifel Financial Corp bought a new position in shares of Integra Resources during the 4th quarter valued at about $870,000. Sprott Inc. grew its stake in shares of Integra Resources by 107.6% in the 4th quarter. Sprott Inc. now owns 1,411,459 shares of the company's stock worth $1,227,000 after purchasing an additional 731,624 shares during the last quarter. Finally, Equinox Partners Investment Management LLC raised its holdings in shares of Integra Resources by 4.4% in the 4th quarter. Equinox Partners Investment Management LLC now owns 9,190,138 shares of the company's stock worth $7,922,000 after purchasing an additional 386,675 shares in the last quarter. Institutional investors and hedge funds own 26.67% of the company's stock.

Integra Resources Stock Up 1.0 %

Shares of NYSEAMERICAN:ITRG traded up $0.02 during midday trading on Monday, reaching $1.75. The company had a trading volume of 389,461 shares, compared to its average volume of 331,925. The firm has a market capitalization of $294.49 million, a price-to-earnings ratio of -5.26 and a beta of 1.37. Integra Resources Corp. has a 1-year low of $0.73 and a 1-year high of $1.88.

Analysts Set New Price Targets

Separately, HC Wainwright restated a "buy" rating and set a $2.75 target price on shares of Integra Resources in a report on Wednesday, April 23rd.

Integra Resources Company Profile

Integra Resources Corp., a precious metals exploration and development company, engages in the acquisition, exploration, and development of mineral properties in the Great Basin of the Western United States. The company explores for gold and silver deposits. It primarily focuses on developing DeLamar Project located in southwestern Idaho; and the Wildcat and Mountain View Projects located in western Nevada.