HC Wainwright reaffirmed their buy rating on shares of Integra Resources (NYSEAMERICAN:ITRG - Free Report) in a research report sent to investors on Thursday, Benzinga reports. They currently have a $3.75 target price on the stock.
Integra Resources Stock Down 2.1 %
ITRG stock traded down $0.02 during trading on Thursday, reaching $1.17. The company had a trading volume of 393,317 shares, compared to its average volume of 157,584. The stock has a market capitalization of $103.06 million, a PE ratio of -3.11 and a beta of 1.43. Integra Resources has a twelve month low of $0.64 and a twelve month high of $1.28.
Integra Resources (NYSEAMERICAN:ITRG - Get Free Report) last issued its earnings results on Wednesday, August 14th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.05). On average, equities research analysts expect that Integra Resources will post -0.18 earnings per share for the current year.
Hedge Funds Weigh In On Integra Resources
An institutional investor recently raised its position in Integra Resources stock. Equinox Partners Investment Management LLC increased its holdings in shares of Integra Resources Corp. (NYSEAMERICAN:ITRG - Free Report) by 26.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,815,130 shares of the company's stock after acquiring an additional 1,857,264 shares during the quarter. Integra Resources comprises 5.2% of Equinox Partners Investment Management LLC's investment portfolio, making the stock its 6th biggest position. Equinox Partners Investment Management LLC owned about 9.97% of Integra Resources worth $8,055,000 as of its most recent SEC filing. 26.67% of the stock is owned by institutional investors and hedge funds.
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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