HC Wainwright Predicts Integra Resources FY2025 Earnings

Integra Resources Corp. (NYSEAMERICAN:ITRG) – Equities researchers at HC Wainwright lifted their FY2025 earnings per share estimates for shares of Integra Resources in a report issued on Thursday, October 23rd. HC Wainwright analyst H. Ihle now expects that the company will earn $0.25 per share for the year, up from their prior estimate of $0.23. HC Wainwright has a “Buy” rating and a $4.75 price target on the stock. The consensus estimate for Integra Resources’ current full-year earnings is ($0.21) per share.

Integra Resources Stock Performance

Shares of ITRG opened at $2.89 on Friday. The stock’s 50-day simple moving average is $2.72 and its 200 day simple moving average is $1.99. The stock has a market capitalization of $488.64 million, a price-to-earnings ratio of 48.17 and a beta of 0.84. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.24 and a current ratio of 2.11. Integra Resources has a 52-week low of $0.79 and a 52-week high of $3.49.

Institutional Trading of Integra Resources

Institutional investors have recently added to or reduced their stakes in the stock. Cambridge Investment Research Advisors Inc. purchased a new stake in Integra Resources during the 1st quarter worth about $30,000. Virtu Financial LLC purchased a new stake in shares of Integra Resources in the 1st quarter valued at about $34,000. Bank of America Corp DE raised its holdings in shares of Integra Resources by 336.4% in the 4th quarter. Bank of America Corp DE now owns 46,697 shares of the company’s stock valued at $41,000 after acquiring an additional 35,997 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of Integra Resources in the 2nd quarter valued at about $48,000. Finally, JPMorgan Chase & Co. purchased a new stake in shares of Integra Resources in the 2nd quarter valued at about $53,000. Hedge funds and other institutional investors own 26.67% of the company’s stock.

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.