2,670,377 Shares in Integra Resources Corp. $ITRG Acquired by Montrusco Bolton Investments Inc.

Montrusco Bolton Investments Inc. bought a new position in shares of Integra Resources Corp. (NYSEAMERICAN:ITRG) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 2,670,377 shares of the company’s stock, valued at approximately $7,195,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Integra Resources in the second quarter worth $7,106,000. Bank of America Corp DE grew its stake in 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 valued at $11,229,000 after buying an additional 1,440,789 shares during the last quarter. Millennium Management LLC grew its stake in Integra Resources by 175.7% in the 4th quarter. Millennium Management LLC now owns 1,954,804 shares of the company’s stock valued at $7,850,000 after buying an additional 1,245,850 shares during the last quarter. U S Global Investors Inc. raised its holdings in Integra Resources by 824.1% in the 4th quarter. U S Global Investors Inc. now owns 1,386,127 shares of the company’s stock worth $5,558,000 after acquiring an additional 1,236,127 shares during the period. Finally, Two Sigma Investments LP raised its holdings in 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 acquiring an additional 852,003 shares during the period. Institutional investors and hedge funds own 26.67% of the company’s stock.

Integra Resources Stock Performance

Shares of Integra Resources stock opened at $2.42 on Friday. Integra Resources Corp. has a 1 year low of $1.42 and a 1 year high of $4.87. The company’s fifty day simple moving average is $2.58 and its 200-day simple moving average is $3.28. The company has a market cap of $490.70 million, a price-to-earnings ratio of 60.52 and a beta of 0.85. The company has a current ratio of 4.96, a quick ratio of 3.17 and a debt-to-equity ratio of 0.10.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Roth Mkm restated a “buy” rating and set a $6.00 price target on shares of Integra Resources in a report on Monday, June 29th. HC Wainwright reiterated a “buy” rating on shares of Integra Resources in a research note on Friday, June 26th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Integra Resources has a consensus rating of “Buy” and an average target price of $7.33.

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.