Integra Resources Corp. (NYSEAMERICAN:ITRG - Free Report) - Investment analysts at HC Wainwright increased their FY2024 earnings estimates for Integra Resources in a report issued on Thursday, October 31st. HC Wainwright analyst H. Ihle now expects that the company will earn ($0.29) per share for the year, up from their prior estimate of ($0.36). HC Wainwright currently has a "Buy" rating and a $3.75 price target on the stock. The consensus estimate for Integra Resources' current full-year earnings is ($0.18) per share. HC Wainwright also issued estimates for Integra Resources' FY2025 earnings at ($0.31) EPS.
Separately, Desjardins upgraded shares of Integra Resources to a "moderate buy" rating in a research report on Thursday.
Check Out Our Latest Research Report on Integra Resources
Shares of NYSEAMERICAN:ITRG opened at $1.11 on Monday. Integra Resources has a one year low of $0.64 and a one year high of $1.28. The stock has a market capitalization of $98.19 million, a PE ratio of -3.00 and a beta of 1.40.
Integra Resources (NYSEAMERICAN:ITRG - Get Free Report) last released its quarterly earnings results on Wednesday, August 14th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.05).
A hedge fund recently raised its stake in Integra Resources stock. Equinox Partners Investment Management LLC grew its stake in shares of Integra Resources Corp. (NYSEAMERICAN:ITRG - Free Report) by 26.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,815,130 shares of the company's stock after acquiring an additional 1,857,264 shares during the quarter. Integra Resources comprises about 5.2% of Equinox Partners Investment Management LLC's holdings, making the stock its 6th largest position. Equinox Partners Investment Management LLC owned 9.97% of Integra Resources worth $8,055,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 26.67% of the company's stock.
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.
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