Desjardins upgraded shares of Integra Resources (NYSEAMERICAN:ITRG - Free Report) to a moderate buy rating in a report released on Thursday, Zacks.com reports.
Separately, HC Wainwright reiterated a "buy" rating and set a $3.75 price objective on shares of Integra Resources in a research report on Thursday.
View Our Latest Stock Analysis on ITRG
Integra Resources Price Performance
ITRG stock traded down $0.02 during midday trading on Thursday, reaching $1.11. The company had a trading volume of 197,744 shares, compared to its average volume of 157,773. The stock has a market cap of $98.19 million, a PE ratio of -3.00 and a beta of 1.43. 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 announced its earnings results on Wednesday, August 14th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.05). On average, research analysts expect that Integra Resources will post -0.18 EPS for the current fiscal year.
Institutional Investors Weigh In On Integra Resources
An institutional investor recently raised its position in Integra Resources stock. Renaissance Technologies LLC raised its holdings in Integra Resources Corp. (NYSEAMERICAN:ITRG - Free Report) by 106.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 309,989 shares of the company's stock after buying an additional 159,709 shares during the quarter. Renaissance Technologies LLC owned about 0.35% of Integra Resources worth $286,000 at the end of the most recent quarter. 26.67% of the stock is currently owned by institutional investors.
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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