Stifel Financial Corp Takes $870,000 Position in Integra Resources Corp. (NYSEAMERICAN:ITRG)

Stifel Financial Corp acquired a new position in Integra Resources Corp. (NYSEAMERICAN:ITRG - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 999,846 shares of the company's stock, valued at approximately $870,000. Stifel Financial Corp owned approximately 0.59% of Integra Resources as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Rathbones Group PLC bought a new position in Integra Resources during the 4th quarter worth approximately $28,000. MMCAP International Inc. SPC bought a new stake in Integra Resources during the fourth quarter valued at about $270,000. Renaissance Technologies LLC raised its holdings in shares of Integra Resources by 30.4% during the 4th quarter. Renaissance Technologies LLC now owns 412,340 shares of the company's stock worth $359,000 after acquiring an additional 96,060 shares in the last quarter. Sprott Inc. raised its holdings in Integra Resources by 107.6% during the 4th quarter. Sprott Inc. now owns 1,411,459 shares of the company's stock valued at $1,227,000 after buying an additional 731,624 shares during the period. Finally, Ruffer LLP boosted its holdings in Integra Resources by 89.9% during 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 period. 26.67% of the stock is currently owned by institutional investors and hedge funds.

Integra Resources Stock Performance

Shares of ITRG stock traded up $0.01 on Tuesday, hitting $1.61. 521,572 shares of the company's stock were exchanged, compared to its average volume of 392,335. Integra Resources Corp. has a 12 month low of $0.75 and a 12 month high of $1.95. The stock's 50 day moving average is $1.45. The company has a market capitalization of $271.40 million, a PE ratio of -4.88 and a beta of 1.37.

Wall Street Analyst Weigh In

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

About Integra Resources

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.