Integra Resources (NYSEAMERICAN:ITRG - Get Free Report) was upgraded by investment analysts at Cormark to a "moderate buy" rating in a report issued on Monday,Zacks.com reports.
A number of other research firms also recently commented on ITRG. HC Wainwright reiterated a "buy" rating and set a $3.75 target price 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.
Get Our Latest Report on ITRG
Integra Resources Trading Down 5.9 %
ITRG stock traded down $0.06 during trading on Monday, reaching $0.93. The company's stock had a trading volume of 311,268 shares, compared to its average volume of 161,534. Integra Resources has a 1 year low of $0.64 and a 1 year high of $1.28.
Integra Resources (NYSEAMERICAN:ITRG - Get Free Report) last posted its quarterly earnings results on Wednesday, August 14th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.05). As a group, research analysts anticipate that Integra Resources will post -0.16 earnings per share for the current year.
Institutional Investors Weigh In On Integra Resources
Hedge funds and other institutional investors have recently bought and sold shares of the company. Renaissance Technologies LLC increased its holdings 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 in the last quarter. The Manufacturers Life Insurance Company acquired a new position in Integra Resources during the 3rd quarter valued at approximately $1,189,000. Finally, Equinox Partners Investment Management LLC raised its holdings in shares of Integra Resources by 26.7% in the second quarter. Equinox Partners Investment Management LLC now owns 8,815,130 shares of the company's stock worth $8,055,000 after buying an additional 1,857,264 shares during the last quarter. Hedge funds and other institutional investors own 26.67% of the company's stock.
About Integra Resources
(
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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.
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