Integra Resources Corp. $ITRG is Equinox Partners Investment Management LLC’s 9th Largest Position

Equinox Partners Investment Management LLC trimmed its position in Integra Resources Corp. (NYSEAMERICAN:ITRG) by 59.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,411,264 shares of the company’s stock after selling 3,480,173 shares during the quarter. Integra Resources accounts for approximately 2.7% of Equinox Partners Investment Management LLC’s holdings, making the stock its 9th biggest holding. Equinox Partners Investment Management LLC owned about 1.19% of Integra Resources worth $6,515,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its holdings in Integra Resources by 336.4% in the 4th quarter. Bank of America Corp DE now owns 46,697 shares of the company’s stock worth $41,000 after acquiring an additional 35,997 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Integra Resources by 26.3% during the first 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 period. JPMorgan Chase & Co. purchased a new stake in shares of Integra Resources during the second quarter worth about $53,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Integra Resources in the second quarter worth about $7,106,000. Finally, Raymond James Financial Inc. grew its stake in shares of Integra Resources by 48.7% in the second quarter. Raymond James Financial Inc. now owns 50,751 shares of the company’s stock worth $76,000 after purchasing an additional 16,611 shares during the last quarter. 26.67% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have commented on ITRG. Roth Mkm reaffirmed a “buy” rating and set a $6.00 price target on shares of Integra Resources in a research report on Monday. HC Wainwright reissued a “buy” rating on shares of Integra Resources in a research note on Friday. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Integra Resources presently has an average rating of “Buy” and an average target price of $7.33.

Integra Resources Price Performance

Shares of NYSEAMERICAN ITRG opened at $2.27 on Wednesday. Integra Resources Corp. has a 1 year low of $1.42 and a 1 year high of $4.87. The company has a debt-to-equity ratio of 0.10, a current ratio of 4.96 and a quick ratio of 3.17. The company’s 50-day moving average is $2.62 and its 200 day moving average is $3.32. The stock has a market capitalization of $460.29 million, a P/E ratio of 56.76 and a beta of 0.82.

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.