999,846 Shares in Integra Resources Corp. (NYSEAMERICAN:ITRG) Purchased by Stifel Financial Corp

Stifel Financial Corp acquired a new stake in Integra Resources Corp. (NYSEAMERICAN:ITRG) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 999,846 shares of the company’s stock, valued at approximately $870,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Rathbones Group PLC purchased a new stake in shares of Integra Resources during the fourth quarter worth approximately $28,000. Renaissance Technologies LLC increased its holdings in shares of Integra Resources by 30.4% in the fourth quarter. Renaissance Technologies LLC now owns 412,340 shares of the company’s stock valued at $359,000 after purchasing an additional 96,060 shares during the last quarter. MMCAP International Inc. SPC purchased a new stake in Integra Resources in the 4th quarter valued at $270,000. Equinox Partners Investment Management LLC boosted its position in shares of Integra Resources by 4.4% during the 4th quarter. Equinox Partners Investment Management LLC now owns 9,190,138 shares of the company’s stock valued at $7,922,000 after acquiring an additional 386,675 shares during the last quarter. Finally, Sprott Inc. increased its position in Integra Resources by 107.6% during the fourth 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 last quarter. Hedge funds and other institutional investors own 26.67% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reiterated a “buy” rating and issued a $2.75 price objective on shares of Integra Resources in a report on Wednesday, April 23rd.

Integra Resources Trading Down 0.6 %

Shares of ITRG stock opened at $1.72 on Friday. The stock’s 50-day moving average is $1.45. The stock has a market capitalization of $289.94 million, a price-to-earnings ratio of -5.21 and a beta of 1.37. Integra Resources Corp. has a 1-year low of $0.75 and a 1-year high of $1.95.

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.