FY2024 EPS Estimate for Integra Resources Boosted by Analyst

Integra Resources Corp. (CVE:ITR) – Investment analysts at HC Wainwright increased their FY2024 earnings estimates for shares of Integra Resources in a research report issued on Thursday, October 31st. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings of ($0.40) per share for the year, up from their prior forecast of ($0.50). The consensus estimate for Integra Resources’ current full-year earnings is $0.17 per share. HC Wainwright also issued estimates for Integra Resources’ FY2025 earnings at ($0.43) EPS.

ITR has been the subject of several other reports. Desjardins raised Integra Resources to a “moderate buy” rating in a report on Thursday. Raymond James increased their target price on shares of Integra Resources from C$2.50 to C$2.75 and gave the stock an “outperform” rating in a report on Tuesday, July 30th.

Integra Resources Price Performance

Shares of ITR stock opened at C$1.54 on Monday. The firm has a market cap of C$136.23 million, a P/E ratio of -3.14 and a beta of 1.37. The firm has a fifty day moving average of C$1.37 and a two-hundred day moving average of C$1.27. The company has a debt-to-equity ratio of 29.05, a current ratio of 1.06 and a quick ratio of 1.49. Integra Resources has a 1-year low of C$0.86 and a 1-year high of C$1.75.

Integra Resources (CVE:ITR) last issued its quarterly earnings data on Wednesday, August 14th. The company reported C($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.05) by C($0.05).

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.