Integra Resources Corp. to Post Q3 2024 Earnings of ($0.05) Per Share, Raymond James Forecasts (CVE:ITR)

Integra Resources Corp. (CVE:ITR) – Raymond James lowered their Q3 2024 EPS estimates for shares of Integra Resources in a report issued on Wednesday, August 21st. Raymond James analyst B. Macarthur now anticipates that the company will post earnings per share of ($0.05) for the quarter, down from their previous forecast of ($0.04). Raymond James currently has a “Outperform” rating and a $2.75 price objective on the stock. The consensus estimate for Integra Resources’ current full-year earnings is ($0.15) per share. Raymond James also issued estimates for Integra Resources’ FY2024 earnings at ($0.10) EPS, Q1 2025 earnings at $0.00 EPS and FY2025 earnings at $0.03 EPS.

ITR has been the topic of several other research reports. Ventum Financial cut their price target on shares of Integra Resources from C$3.05 to C$3.00 in a report on Tuesday, May 28th. Desjardins lifted their price target on shares of Integra Resources from C$3.75 to C$4.00 and gave the stock a “buy” rating in a research note on Thursday.

Integra Resources Price Performance

ITR opened at C$1.29 on Monday. The company’s 50 day simple moving average is C$1.28 and its 200 day simple moving average is C$1.16. The company has a debt-to-equity ratio of 24.47, a quick ratio of 1.49 and a current ratio of 1.48. Integra Resources has a 1 year low of C$0.86 and a 1 year high of C$1.51. The stock has a market capitalization of C$114.81 million, a PE ratio of -2.69 and a beta of 1.36.

About Integra Resources

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.