Integra Resources (NYSEAMERICAN:ITRG – Get Free Report)‘s stock had its “buy” rating reissued by analysts at Roth Mkm in a research note issued on Monday,Benzinga reports. They currently have a $6.00 price objective on the stock. Roth Mkm’s price target would suggest a potential upside of 175.86% from the stock’s current price.
Separately, HC Wainwright reaffirmed a “buy” rating on shares of Integra Resources in a research note on Friday. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Integra Resources currently has a consensus rating of “Buy” and a consensus target price of $7.33.
Integra Resources Trading Down 6.7%
Institutional Investors Weigh In On Integra Resources
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd bought a new stake in Integra Resources in the 4th quarter valued at $29,000. Independent Advisor Alliance acquired a new position in Integra Resources in the 4th quarter worth $40,000. Hohimer Wealth Management LLC bought a new position in Integra Resources during the 4th quarter worth about $40,000. Brookstone Capital Management bought a new position in Integra Resources during the 4th quarter worth about $41,000. Finally, Cetera Investment Advisers acquired a new stake in shares of Integra Resources in the 4th quarter valued at about $46,000. 26.67% of the stock is currently owned by institutional investors and hedge funds.
Integra Resources Company Profile
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.
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