Integra Resources Corp. (NYSEAMERICAN:ITRG) Shares Acquired by Ruffer LLP

Ruffer LLP lifted its holdings in shares of Integra Resources Corp. (NYSEAMERICAN:ITRG - Free Report) by 89.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 3,126,053 shares of the company's stock after purchasing an additional 1,480,000 shares during the period. Ruffer LLP owned about 1.85% of Integra Resources worth $2,697,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. The Manufacturers Life Insurance Company purchased a new stake in shares of Integra Resources in the 3rd quarter worth about $1,189,000. Sprott Inc. lifted its position in shares of Integra Resources by 107.6% in the 4th quarter. Sprott Inc. now owns 1,411,459 shares of the company's stock worth $1,227,000 after purchasing an additional 731,624 shares during the period. Equinox Partners Investment Management LLC lifted its position in shares of Integra Resources by 4.4% in the 4th quarter. Equinox Partners Investment Management LLC now owns 9,190,138 shares of the company's stock worth $7,922,000 after purchasing an additional 386,675 shares during the period. Finally, MMCAP International Inc. SPC purchased a new stake in shares of Integra Resources in the 4th quarter worth about $270,000. Institutional investors own 26.67% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright decreased their target price on shares of Integra Resources from $3.75 to $2.00 and set a "buy" rating for the company in a report on Wednesday, January 15th.

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Integra Resources Stock Up 8.5 %

ITRG stock traded up $0.10 during mid-day trading on Thursday, reaching $1.27. 779,514 shares of the stock traded hands, compared to its average volume of 415,073. Integra Resources Corp. has a one year low of $0.69 and a one year high of $1.28. The stock has a market capitalization of $214.08 million, a price-to-earnings ratio of -3.85 and a beta of 1.37.

About Integra Resources

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.