HC Wainwright Has Lowered Expectations for Integra Resources (NYSEAMERICAN:ITRG) Stock Price

Integra Resources (NYSEAMERICAN:ITRG) had its price objective decreased by stock analysts at HC Wainwright from $3.75 to $2.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. HC Wainwright’s target price suggests a potential upside of 149.69% from the company’s current price.

ITRG has been the topic of a number of other research reports. Desjardins upgraded shares of Integra Resources to a “moderate buy” rating in a research report on Thursday, October 31st. Cormark raised shares of Integra Resources to a “moderate buy” rating in a research report on Monday, November 11th.

Integra Resources Stock Performance

NYSEAMERICAN ITRG opened at $0.80 on Wednesday. Integra Resources has a fifty-two week low of $0.64 and a fifty-two week high of $1.28. The company has a market cap of $135.02 million, a PE ratio of -2.43 and a beta of 1.35.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Integra Resources stock. Renaissance Technologies LLC raised its stake in Integra Resources Corp. (NYSEAMERICAN:ITRG) by 106.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 309,989 shares of the company’s stock after buying an additional 159,709 shares during the period. Renaissance Technologies LLC owned about 0.35% of Integra Resources worth $286,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 26.67% of the stock is currently owned by institutional investors and hedge funds.

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.