Integra Resources (NYSEAMERICAN:ITRG) Upgraded at Cormark

Cormark upgraded shares of Integra Resources (NYSEAMERICAN:ITRG) to a moderate buy rating in a report issued on Monday,Zacks.com reports.

ITRG has been the topic of several other research reports. HC Wainwright restated a “buy” rating and set a $3.75 price target on shares of Integra Resources in a research report on Thursday, October 31st. Desjardins upgraded shares of Integra Resources to a “moderate buy” rating in a research report on Thursday, October 31st.

Integra Resources Trading Down 5.9 %

Shares of Integra Resources stock opened at $0.93 on Monday. Integra Resources has a 12-month low of $0.64 and a 12-month high of $1.28. The company has a market cap of $82.44 million, a price-to-earnings ratio of -2.52 and a beta of 1.40.

Integra Resources (NYSEAMERICAN:ITRG) last released its quarterly earnings data on Wednesday, August 14th. The company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.05). Research analysts forecast that Integra Resources will post -0.16 EPS for the current year.

Hedge Funds Weigh In On Integra Resources

A number of institutional investors have recently bought and sold shares of ITRG. Renaissance Technologies LLC increased its position in shares of Integra Resources by 106.3% during the second quarter. Renaissance Technologies LLC now owns 309,989 shares of the company’s stock valued at $286,000 after acquiring an additional 159,709 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new stake in shares of Integra Resources during the third quarter valued at about $1,189,000. Finally, Equinox Partners Investment Management LLC increased its position in shares of Integra Resources by 26.7% during the second quarter. Equinox Partners Investment Management LLC now owns 8,815,130 shares of the company’s stock valued at $8,055,000 after acquiring an additional 1,857,264 shares during the last quarter. 26.67% of the stock is owned by hedge funds and other institutional investors.

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.