Integra Resources (ITRG) Expected to Announce Quarterly Earnings on Thursday

Integra Resources (NYSEAMERICAN:ITRG) is expected to be announcing its earnings results before the market opens on Thursday, March 27th. Analysts expect the company to announce earnings of $0.11 per share for the quarter.

Integra Resources Stock Up 2.4 %

ITRG opened at $1.26 on Tuesday. Integra Resources has a 12 month low of $0.69 and a 12 month high of $1.33. The company has a market capitalization of $212.40 million, a P/E ratio of -3.82 and a beta of 1.37.

Hedge Funds Weigh In On Integra Resources

A hedge fund recently raised its stake in Integra Resources stock. Bank of America Corp DE boosted its holdings in shares of Integra Resources Corp. (NYSEAMERICAN:ITRG) by 336.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 46,697 shares of the company’s stock after buying an additional 35,997 shares during the period. Bank of America Corp DE’s holdings in Integra Resources were worth $41,000 as of its most recent SEC filing. 26.67% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, HC Wainwright cut their price target on Integra Resources from $3.75 to $2.00 and set a “buy” rating for the company in a report on Wednesday, January 15th.

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.