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

Integra Resources (NYSEAMERICAN:ITRG) will likely be announcing its earnings results before the market opens on Tuesday, May 13th. Analysts expect the company to announce earnings of $0.08 per share for the quarter.

Integra Resources Stock Down 0.6 %

Shares of ITRG opened at $1.72 on Friday. The company has a market cap of $289.94 million, a P/E ratio of -5.21 and a beta of 1.37. Integra Resources has a one year low of $0.75 and a one year high of $1.95. The stock has a fifty day moving average price of $1.45.

Hedge Funds Weigh In On Integra Resources

An institutional investor recently raised its position in Integra Resources stock. Bank of America Corp DE boosted its position in Integra Resources Corp. (NYSEAMERICAN:ITRG) by 336.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,697 shares of the company’s stock after purchasing 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 reporting period. 26.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, HC Wainwright reiterated a “buy” rating and issued a $2.75 price target on shares of Integra Resources in a research report on Wednesday, April 23rd.

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.