HC Wainwright Expects Higher Earnings for Integra Resources

Integra Resources Corp. (NYSEAMERICAN:ITRG) – Research analysts at HC Wainwright lifted their FY2025 EPS estimates for Integra Resources in a research report issued to clients and investors on Thursday, March 27th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings per share of $0.12 for the year, up from their previous estimate of ($0.31). HC Wainwright has a “Buy” rating and a $2.75 price objective on the stock. The consensus estimate for Integra Resources’ current full-year earnings is ($0.21) per share.

Integra Resources Price Performance

NYSEAMERICAN ITRG opened at $1.24 on Monday. The company has a market cap of $209.03 million, a P/E ratio of -3.76 and a beta of 1.37. Integra Resources has a 52-week low of $0.71 and a 52-week high of $1.38.

Institutional Trading of Integra Resources

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Rathbones Group PLC bought a new position in shares of Integra Resources in the fourth quarter valued at about $28,000. Millennium Management LLC bought a new position in shares of Integra Resources during the fourth quarter worth approximately $39,000. Bank of America Corp DE raised its holdings in 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 acquired a new position in Integra Resources in the fourth quarter valued at about $42,000. Finally, Susquehanna Advisors Group Inc. bought a new stake in shares of Integra Resources during the 4th quarter worth approximately $56,000. 26.67% of the stock is owned by institutional investors.

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.