Integra Resources (ITRG) to Release Quarterly Earnings on Wednesday

Integra Resources (NYSEAMERICAN:ITRG) is anticipated to announce its earnings results after the market closes on Wednesday, August 13th. Analysts expect the company to announce earnings of $0.06 per share and revenue of $37.95 million for the quarter.

Integra Resources Trading Up 3.2%

Shares of ITRG stock opened at $1.63 on Tuesday. The firm’s fifty day simple moving average is $1.57. The company has a market cap of $275.47 million, a PE ratio of -23.28 and a beta of 0.73. Integra Resources has a 12 month low of $0.79 and a 12 month high of $1.95.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Integra Resources stock. Bank of America Corp DE boosted its holdings in Integra Resources Corp. (NYSEAMERICAN:ITRG) by 336.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 46,697 shares of the company’s stock after buying an additional 35,997 shares during the quarter. Bank of America Corp DE’s holdings in Integra Resources were worth $41,000 at the end of the most recent quarter. 26.67% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, HC Wainwright upped their price target on shares of Integra Resources from $2.75 to $3.25 and gave the stock a “buy” rating in a research report on Friday, July 18th.

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.