Integra Resources (NYSEAMERICAN:ITRG) Given New $2.75 Price Target at HC Wainwright

Integra Resources (NYSEAMERICAN:ITRG) had its target price upped by HC Wainwright from $2.00 to $2.75 in a research note issued to investors on Thursday morning,Benzinga reports. The brokerage currently has a buy rating on the stock.

Integra Resources Trading Down 1.5 %

Shares of Integra Resources stock opened at $1.32 on Thursday. Integra Resources has a 1 year low of $0.70 and a 1 year high of $1.37. The stock has a market capitalization of $222.51 million, a P/E ratio of -4.00 and a beta of 1.37.

Institutional Trading of Integra Resources

Several institutional investors have recently added to or reduced their stakes in ITRG. Rathbones Group PLC bought a new position in shares of Integra Resources during the fourth quarter valued at $28,000. Millennium Management LLC purchased a new stake in shares of Integra Resources during the 4th quarter valued at about $39,000. Bank of America Corp DE grew its stake in shares of Integra Resources by 336.4% in the fourth quarter. Bank of America Corp DE now owns 46,697 shares of the company’s stock worth $41,000 after acquiring an additional 35,997 shares during the period. Jane Street Group LLC purchased a new position in shares of Integra Resources during the fourth quarter valued at approximately $42,000. Finally, Susquehanna Advisors Group Inc. bought a new position in Integra Resources during the fourth quarter valued at approximately $56,000. 26.67% of the stock is currently owned by hedge funds and other institutional investors.

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.