Jane Street Group LLC Invests $42,000 in Integra Resources Corp. (NYSEAMERICAN:ITRG)

Jane Street Group LLC bought a new position in shares of Integra Resources Corp. (NYSEAMERICAN:ITRG) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 47,816 shares of the company’s stock, valued at approximately $42,000.

A number of other large investors have also modified their holdings of ITRG. GMT Capital Corp acquired a new position in Integra Resources during the fourth quarter worth $13,566,000. Franklin Resources Inc. lifted its stake in Integra Resources by 59.0% during the 4th quarter. Franklin Resources Inc. now owns 11,765,543 shares of the company’s stock worth $10,146,000 after acquiring an additional 4,366,962 shares in the last quarter. Equinox Partners Investment Management LLC boosted its holdings in Integra Resources by 4.4% during the 4th quarter. Equinox Partners Investment Management LLC now owns 9,190,138 shares of the company’s stock valued at $7,922,000 after acquiring an additional 386,675 shares during the period. Ruffer LLP grew its position in Integra Resources by 89.9% in the 4th quarter. Ruffer LLP now owns 3,126,053 shares of the company’s stock valued at $2,697,000 after acquiring an additional 1,480,000 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its position in Integra Resources by 121.6% in the 4th quarter. The Manufacturers Life Insurance Company now owns 2,699,327 shares of the company’s stock valued at $2,332,000 after acquiring an additional 1,481,481 shares in the last quarter. Hedge funds and other institutional investors own 26.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright reiterated a “buy” rating and set a $2.75 target price on shares of Integra Resources in a report on Wednesday, April 23rd.

Integra Resources Trading Down 4.0%

ITRG stock opened at $1.68 on Tuesday. The business’s 50 day moving average is $1.61. The firm has a market capitalization of $283.20 million, a PE ratio of -5.09 and a beta of 1.37. Integra Resources Corp. has a twelve month low of $0.79 and a twelve month high of $1.95.

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.