Integra Resources (NYSEAMERICAN:ITRG - Get Free Report) had its price target increased by stock analysts at HC Wainwright from $2.75 to $3.25 in a research note issued to investors on Friday,Benzinga reports. The firm presently has a "buy" rating on the stock. HC Wainwright's price objective indicates a potential upside of 122.60% from the company's current price.
Integra Resources Stock Up 0.7%
Shares of NYSEAMERICAN ITRG traded up $0.01 on Friday, reaching $1.46. 129,185 shares of the company traded hands, compared to its average volume of 556,233. Integra Resources has a fifty-two week low of $0.79 and a fifty-two week high of $1.95. The firm's 50 day moving average is $1.59. The company has a market capitalization of $246.74 million, a PE ratio of -20.93 and a beta of 0.79.
Institutional Investors Weigh In On Integra Resources
A number of hedge funds have recently added to or reduced their stakes in ITRG. Rathbones Group PLC acquired a new position in Integra Resources during the fourth quarter worth about $28,000. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Integra Resources during the 1st quarter valued at about $30,000. Virtu Financial LLC acquired a new stake in shares of Integra Resources during the 1st quarter valued at about $34,000. Millennium Management LLC acquired a new stake in shares of Integra Resources during the 4th quarter valued at about $39,000. Finally, Bank of America Corp DE lifted its holdings in shares of Integra Resources by 336.4% during the 4th quarter. Bank of America Corp DE now owns 46,697 shares of the company's stock valued at $41,000 after buying an additional 35,997 shares during the last quarter. 26.67% of the stock is currently owned by institutional investors.
Integra Resources Company Profile
(
Get Free Report)
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.
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