Integra Resources Corp. $ITRG Position Increased by U S Global Investors Inc.

U S Global Investors Inc. increased its stake in Integra Resources Corp. (NYSEAMERICAN:ITRG) by 824.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,386,127 shares of the company’s stock after purchasing an additional 1,236,127 shares during the period. U S Global Investors Inc. owned 0.76% of Integra Resources worth $5,558,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Integra Resources by 39.7% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,578,187 shares of the company’s stock worth $19,195,000 after purchasing an additional 1,871,042 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Integra Resources by 60.9% in the 3rd quarter. Bank of America Corp DE now owns 3,806,494 shares of the company’s stock worth $11,229,000 after purchasing an additional 1,440,789 shares during the last quarter. Two Sigma Investments LP lifted its holdings in shares of Integra Resources by 986.2% in the 3rd quarter. Two Sigma Investments LP now owns 938,394 shares of the company’s stock worth $2,768,000 after purchasing an additional 852,003 shares during the last quarter. Millennium Management LLC lifted its holdings in shares of Integra Resources by 58.0% in the 3rd quarter. Millennium Management LLC now owns 708,954 shares of the company’s stock worth $2,083,000 after purchasing an additional 260,157 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of Integra Resources by 26.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 316,549 shares of the company’s stock worth $393,000 after purchasing an additional 66,002 shares during the last quarter. Institutional investors own 26.67% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on ITRG. Roth Mkm set a $7.00 price target on Integra Resources in a report on Tuesday, January 27th. HC Wainwright cut their price target on Integra Resources from $7.25 to $7.00 and set a “buy” rating on the stock in a report on Tuesday, February 24th. Finally, Canaccord Genuity Group began coverage on Integra Resources in a report on Monday, January 12th. They issued a “moderate buy” rating and a $9.25 price target on the stock. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $7.75.

Integra Resources Stock Down 2.0%

Shares of Integra Resources stock opened at $2.96 on Friday. The business’s fifty day moving average price is $3.28 and its two-hundred day moving average price is $3.49. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.52 and a quick ratio of 1.94. The company has a market capitalization of $598.66 million, a P/E ratio of -296.00 and a beta of 0.91. Integra Resources Corp. has a 1-year low of $1.41 and a 1-year high of $4.87.

About Integra Resources

Integra Resources Corp. is a mineral exploration and development company focused on the acquisition, characterization and advancement of precious metals projects in North America. The company’s flagship asset is the DeLamar Gold-Silver Project in southwestern Idaho, a historic mining district that produced both gold and silver from the late 19th century through the mid-20th century. Integra’s business model emphasizes resource delineation, metallurgical optimization and progression through permitting and engineering phases toward potential production.

Since its incorporation in 2017, Integra Resources has undertaken multiple drilling campaigns and metallurgical studies aimed at upgrading and expanding the known mineral inventory at DeLamar.