The Manufacturers Life Insurance Company Buys Shares of 1,217,846 Integra Resources Corp. (NYSEAMERICAN:ITRG)

The Manufacturers Life Insurance Company purchased a new position in Integra Resources Corp. (NYSEAMERICAN:ITRG) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 1,217,846 shares of the company’s stock, valued at approximately $1,189,000. The Manufacturers Life Insurance Company owned about 1.38% of Integra Resources as of its most recent SEC filing.

Separately, Equinox Partners Investment Management LLC lifted its stake in shares of Integra Resources by 26.7% during the 2nd quarter. Equinox Partners Investment Management LLC now owns 8,815,130 shares of the company’s stock worth $8,055,000 after purchasing an additional 1,857,264 shares during the period. Institutional investors own 26.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on ITRG shares. HC Wainwright restated a “buy” rating and issued a $3.75 price target on shares of Integra Resources in a report on Thursday, October 31st. Desjardins raised Integra Resources to a “moderate buy” rating in a research report on Thursday, October 31st. Finally, Cormark upgraded shares of Integra Resources to a “moderate buy” rating in a research note on Monday, November 11th.

Integra Resources Stock Performance

NYSEAMERICAN:ITRG opened at $1.00 on Thursday. Integra Resources Corp. has a 52 week low of $0.64 and a 52 week high of $1.28. The company has a market cap of $168.57 million, a price-to-earnings ratio of -3.03 and a beta of 1.36.

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.