Integra Resources (NYSEAMERICAN:ITRG) Price Target Raised to $2.75 at HC Wainwright

Integra Resources (NYSEAMERICAN:ITRG) had its price objective lifted by HC Wainwright from $2.00 to $2.75 in a research report sent to investors on Thursday morning,Benzinga reports. HC Wainwright currently has a buy rating on the stock.

Integra Resources Trading Down 1.5 %

Shares of NYSEAMERICAN:ITRG opened at $1.32 on Thursday. The company has a market capitalization of $222.51 million, a PE ratio of -4.00 and a beta of 1.37. Integra Resources has a twelve month low of $0.70 and a twelve month high of $1.37.

Hedge Funds Weigh In On Integra Resources

Several institutional investors and hedge funds have recently bought and sold shares of ITRG. Rathbones Group PLC purchased a new position in Integra Resources during the fourth quarter valued at approximately $28,000. Millennium Management LLC bought a new stake in shares of Integra Resources during the 4th quarter valued at $39,000. Bank of America Corp DE lifted its stake in shares of 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 Integra Resources in the 4th quarter worth $42,000. Finally, Susquehanna Advisors Group Inc. purchased a new stake in Integra Resources in the 4th quarter worth $56,000. 26.67% of the stock is currently owned by hedge funds and other institutional investors.

Integra Resources Company Profile

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.