Q1 Earnings Estimate for Integra Resources Issued By Cormark

Integra Resources Corp. (NYSEAMERICAN:ITRG) – Investment analysts at Cormark boosted their Q1 2025 earnings per share (EPS) estimates for Integra Resources in a note issued to investors on Thursday, April 3rd. Cormark analyst R. Gray now forecasts that the company will earn $0.09 per share for the quarter, up from their previous forecast of $0.06. The consensus estimate for Integra Resources’ current full-year earnings is ($0.21) per share. Cormark also issued estimates for Integra Resources’ FY2025 earnings at $0.26 EPS.

Separately, HC Wainwright raised their price objective on Integra Resources from $2.00 to $2.75 and gave the company a “buy” rating in a research note on Thursday, March 27th.

Integra Resources Stock Performance

Shares of NYSEAMERICAN:ITRG opened at $1.16 on Monday. Integra Resources has a 12-month low of $0.73 and a 12-month high of $1.38. The company has a market cap of $195.54 million, a P/E ratio of -3.52 and a beta of 1.37.

Hedge Funds Weigh In On Integra Resources

Hedge funds and other institutional investors have recently modified their holdings of the business. Mackenzie Financial Corp bought a new stake in Integra Resources during the fourth quarter worth $399,000. Millennium Management LLC purchased a new stake in shares of Integra Resources during the 4th quarter valued at $39,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new stake in shares of Integra Resources during the 4th quarter valued at $122,000. Citadel Advisors LLC raised its stake in shares of Integra Resources by 173.9% during the 4th quarter. Citadel Advisors LLC now owns 68,392 shares of the company’s stock worth $59,000 after purchasing an additional 43,421 shares during the period. Finally, Bank of America Corp DE boosted 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 worth $41,000 after buying an additional 35,997 shares during the last quarter. 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.