HC Wainwright Issues Positive Forecast for Integra Resources (NYSEAMERICAN:ITRG) Stock Price

Integra Resources (NYSEAMERICAN:ITRG) had its price target boosted by stock analysts at HC Wainwright from $2.00 to $2.75 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the stock. HC Wainwright’s price objective suggests a potential upside of 105.22% from the company’s current price.

Integra Resources Stock Performance

Integra Resources stock opened at $1.34 on Thursday. Integra Resources has a twelve month low of $0.69 and a twelve month high of $1.39. The firm has a market cap of $225.88 million, a PE ratio of -4.06 and a beta of 1.37.

Institutional Trading of Integra Resources

Hedge funds and other institutional investors have recently bought and sold shares of the business. Rathbones Group PLC purchased a new position in shares of Integra Resources during the fourth quarter worth about $28,000. Millennium Management LLC purchased a new position in Integra Resources during the 4th quarter worth approximately $39,000. Bank of America Corp DE increased its position in Integra Resources by 336.4% during the fourth quarter. Bank of America Corp DE now owns 46,697 shares of the company’s stock worth $41,000 after buying an additional 35,997 shares during the period. Jane Street Group LLC purchased a new stake in Integra Resources in the fourth quarter valued at approximately $42,000. Finally, Susquehanna Advisors Group Inc. acquired a new stake in shares of Integra Resources in the fourth quarter valued at approximately $56,000. 26.67% of the stock is currently owned by institutional investors and hedge funds.

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.