Integra Resources Corp. $ITRG Shares Sold by Walleye Capital LLC

Walleye Capital LLC lessened its holdings in Integra Resources Corp. (NYSEAMERICAN:ITRG) by 47.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 904,372 shares of the company’s stock after selling 832,066 shares during the quarter. Walleye Capital LLC’s holdings in Integra Resources were worth $2,469,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. StoneX Group Inc. raised its stake in Integra Resources by 39.4% during the fourth quarter. StoneX Group Inc. now owns 15,965 shares of the company’s stock worth $64,000 after acquiring an additional 4,515 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in Integra Resources during the 4th quarter worth $29,000. Jane Street Group LLC increased its holdings in shares of Integra Resources by 5.4% in the 4th quarter. Jane Street Group LLC now owns 171,694 shares of the company’s stock worth $688,000 after acquiring an additional 8,724 shares during the period. Independent Advisor Alliance acquired a new position in Integra Resources during the 4th quarter valued at about $40,000. Finally, Hohimer Wealth Management LLC acquired a new position in Integra Resources during the 4th quarter valued at about $40,000. Institutional investors own 26.67% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. HC Wainwright reiterated a “buy” rating on shares of Integra Resources in a research report on Friday, June 26th. Zacks Research lowered Integra Resources from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 16th. Finally, Roth Capital restated a “buy” rating and set a $6.00 price objective on shares of Integra Resources in a research note on Monday, June 29th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $7.33.

Integra Resources Trading Down 0.5%

Shares of NYSEAMERICAN ITRG opened at $2.13 on Friday. The company has a quick ratio of 3.17, a current ratio of 4.96 and a debt-to-equity ratio of 0.10. Integra Resources Corp. has a 12 month low of $1.43 and a 12 month high of $4.87. The company has a market cap of $431.90 million, a price-to-earnings ratio of 53.26 and a beta of 0.85. The business has a fifty day simple moving average of $2.40 and a 200-day simple moving average of $3.08.

About Integra Resources

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.