Integra Resources (NYSEAMERICAN:ITRG) Upgraded at Desjardins

Integra Resources (NYSEAMERICAN:ITRG) was upgraded by investment analysts at Desjardins to a “moderate buy” rating in a research report issued to clients and investors on Thursday, Zacks.com reports.

Separately, HC Wainwright reiterated a “buy” rating and set a $3.75 target price on shares of Integra Resources in a report on Thursday.

Integra Resources Trading Down 1.8 %

Shares of ITRG traded down $0.02 during trading hours on Thursday, hitting $1.11. The stock had a trading volume of 197,744 shares, compared to its average volume of 157,773. Integra Resources has a 12-month low of $0.64 and a 12-month high of $1.28. The firm has a market capitalization of $98.19 million, a P/E ratio of -3.00 and a beta of 1.43.

Integra Resources (NYSEAMERICAN:ITRG) last posted its quarterly earnings results on Wednesday, August 14th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.05). Sell-side analysts predict that Integra Resources will post -0.18 earnings per share for the current year.

Institutional Trading of Integra Resources

An institutional investor recently raised its position in Integra Resources stock. Renaissance Technologies LLC increased its position in shares of Integra Resources Corp. (NYSEAMERICAN:ITRG) by 106.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 309,989 shares of the company’s stock after purchasing an additional 159,709 shares during the quarter. Renaissance Technologies LLC owned 0.35% of Integra Resources worth $286,000 at the end of the most recent reporting period. 26.67% of the stock is currently owned by institutional investors.

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.