SCHEDULE 13G/A: GMT Capital and Thomas Claugus Maintain 8.23% Stake in Integra Resources Corp.

GMT Capital Corp. and its control person, Thomas E. Claugus, have filed an amended Schedule 13G, disclosing a shared beneficial ownership of 8.23% of Integra Resources Corp.'s common stock as of March 31, 2025.

Summary

• GMT Capital Corp. and Thomas E. Claugus are the reporting persons in this Schedule 13G/A filing.
• They collectively beneficially own 13,886,807 shares of Integra Resources Corp. common stock.
• This ownership represents 8.23% of the company's total outstanding common stock.
• The percentage is calculated based on 168,711,790 shares of common stock outstanding as of March 26, 2025, as reported by the Issuer.
• The shares are held by various managed funds and accounts advised by GMT Capital, including Bay Resource Partners, L.P., Bay II Resource Partners, L.P., and Bay Resource Partners Offshore Master Fund, L.P.
• Thomas E. Claugus is identified as the control person of GMT Capital Corp.
• The acquisition and holding of these securities are certified to be in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 7

Explanation: The filing is a routine disclosure of a significant passive ownership stake, indicating continued confidence from a major institutional investor, which is generally a positive signal.

Positives

• A significant institutional investor, GMT Capital Corp., and its control person, Thomas E. Claugus, continue to hold a substantial 8.23% stake in Integra Resources Corp., indicating ongoing investment interest and confidence.

Future Outlook

The filing indicates a passive investment intent, with the reporting persons certifying that the securities were not acquired and are not held for the purpose of changing or influencing the control of the issuer.

Management Comments

• The reporting persons certified that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Integra Resources Corp.

Industry Context

This filing is a routine ownership disclosure and does not provide specific industry context or trends, but it highlights continued institutional interest in the mining sector, specifically in companies like Integra Resources Corp.

Comparison to Industry Standards

• This Schedule 13G filing is a disclosure of beneficial ownership and does not contain financial or operational results that can be directly compared to industry standards or specific comparable companies/projects.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership, potentially influencing market perception and liquidity.

Next Steps

• No specific future actions or milestones for Integra Resources Corp. are mentioned in this ownership disclosure filing by the reporting persons.

Key Dates

Recommendation

Keywords

Integra Resources Corp., Common Stock, Schedule 13G, Beneficial Ownership, GMT Capital Corp., Thomas E. Claugus, Investment Adviser, Passive Investment, SEC Filing