Integra Resources (NYSEAMERICAN:ITRG) Price Target Cut to $2.00 by Analysts at HC Wainwright

Integra Resources (NYSEAMERICAN:ITRG) had its price objective reduced by HC Wainwright from $3.75 to $2.00 in a research report report published on Wednesday morning,Benzinga reports. They currently have a buy rating on the stock.

ITRG has been the subject of a number of other reports. Cormark upgraded shares of Integra Resources to a “moderate buy” rating in a research report on Monday, November 11th. Desjardins upgraded Integra Resources to a “moderate buy” rating in a research note on Thursday, October 31st.

Integra Resources Price Performance

ITRG stock opened at $0.82 on Wednesday. The company has a market capitalization of $138.23 million, a PE ratio of -2.48 and a beta of 1.35. Integra Resources has a 12 month low of $0.64 and a 12 month high of $1.28.

Hedge Funds Weigh In On Integra Resources

A hedge fund recently raised its stake in Integra Resources stock. Renaissance Technologies LLC lifted its position in shares of Integra Resources Corp. (NYSEAMERICAN:ITRG) by 106.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 309,989 shares of the company’s stock after buying an additional 159,709 shares during the period. Renaissance Technologies LLC owned about 0.35% of Integra Resources worth $286,000 as of its most recent SEC filing. 26.67% of the stock is currently owned by institutional investors and hedge funds.

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.