Integra Resources (NYSEAMERICAN:ITRG - Get Free Report) had its price target lifted by analysts at HC Wainwright from $2.00 to $2.75 in a report issued on Thursday,Benzinga reports. The brokerage currently has a "buy" rating on the stock. HC Wainwright's price target would suggest a potential upside of 122.67% from the company's previous close.
Integra Resources Stock Performance
ITRG stock traded down $0.01 during mid-day trading on Thursday, reaching $1.24. 615,707 shares of the company traded hands, compared to its average volume of 259,743. The company has a market capitalization of $208.18 million, a P/E ratio of -3.74 and a beta of 1.37. Integra Resources has a fifty-two week low of $0.71 and a fifty-two week high of $1.38.
Institutional Trading of Integra Resources
A number of hedge funds have recently made changes to their positions in ITRG. Rathbones Group PLC purchased a new position in shares of Integra Resources in the fourth quarter worth $28,000. Millennium Management LLC bought a new position in shares of Integra Resources during the fourth quarter valued at approximately $39,000. Bank of America Corp DE increased its position in 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 in the last quarter. Jane Street Group LLC bought a new position in shares of Integra Resources during the fourth quarter valued at $42,000. Finally, Susquehanna Advisors Group Inc. purchased a new position in Integra Resources in the fourth quarter worth about $56,000. 26.67% of the stock is owned by institutional investors.
About Integra Resources
(
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.
See Also
Before you consider Integra Resources, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Integra Resources wasn't on the list.
While Integra Resources currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
