Rathbones Group PLC Invests $28,000 in Integra Resources Corp. (NYSEAMERICAN:ITRG)

Rathbones Group PLC bought a new stake in shares of Integra Resources Corp. (NYSEAMERICAN:ITRG) during the 4th quarter, according to its most recent filing with the SEC. The fund bought 32,400 shares of the company’s stock, valued at approximately $28,000.

Other hedge funds have also recently added to or reduced their stakes in the company. MMCAP International Inc. SPC bought a new position in shares of Integra Resources in the fourth quarter valued at about $270,000. The Manufacturers Life Insurance Company acquired a new position in shares of Integra Resources during the third quarter worth approximately $1,189,000. Sprott Inc. grew its stake in shares of Integra Resources by 107.6% during the fourth quarter. Sprott Inc. now owns 1,411,459 shares of the company’s stock valued at $1,227,000 after purchasing an additional 731,624 shares during the last quarter. Ruffer LLP increased its holdings in shares of Integra Resources by 89.9% in the fourth quarter. Ruffer LLP now owns 3,126,053 shares of the company’s stock valued at $2,697,000 after purchasing an additional 1,480,000 shares in the last quarter. Finally, Equinox Partners Investment Management LLC raised its position in Integra Resources by 4.4% in the 4th quarter. Equinox Partners Investment Management LLC now owns 9,190,138 shares of the company’s stock worth $7,922,000 after purchasing an additional 386,675 shares during the last quarter. Institutional investors and hedge funds own 26.67% of the company’s stock.

Wall Street Analyst Weigh In

Separately, HC Wainwright increased their price target on shares of Integra Resources from $2.00 to $2.75 and gave the company a “buy” rating in a research report on Thursday, March 27th.

Integra Resources Trading Up 10.5 %

Shares of Integra Resources stock opened at $1.26 on Thursday. The company has a market cap of $212.40 million, a PE ratio of -3.82 and a beta of 1.37. Integra Resources Corp. has a 12-month low of $0.73 and a 12-month high of $1.38.

Integra Resources Company 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.