Equinox Partners Investment Management LLC Acquires 386,675 Shares of Integra Resources Corp. (NYSEAMERICAN:ITRG)

Equinox Partners Investment Management LLC raised its holdings in shares of Integra Resources Corp. (NYSEAMERICAN:ITRG) by 4.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,190,138 shares of the company’s stock after buying an additional 386,675 shares during the period. Integra Resources comprises 5.4% of Equinox Partners Investment Management LLC’s investment portfolio, making the stock its 6th largest position. Equinox Partners Investment Management LLC owned 5.45% of Integra Resources worth $7,922,000 as of its most recent SEC filing.

Separately, The Manufacturers Life Insurance Company purchased a new stake in shares of Integra Resources during the third quarter valued at approximately $1,189,000. 26.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Cormark upgraded shares of Integra Resources to a “moderate buy” rating in a research note on Monday, November 11th. HC Wainwright reduced their price target on shares of Integra Resources from $3.75 to $2.00 and set a “buy” rating for the company in a report on Wednesday, January 15th. Finally, Desjardins raised shares of Integra Resources to a “moderate buy” rating in a report on Thursday, October 31st.

Integra Resources Stock Performance

NYSEAMERICAN ITRG opened at $1.12 on Tuesday. The stock has a market cap of $188.80 million, a price-to-earnings ratio of -3.39 and a beta of 1.37. Integra Resources Corp. has a 1 year low of $0.64 and a 1 year high of $1.28.

Integra Resources Profile

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.