Cormark Decreases Earnings Estimates for Integra Resources

Integra Resources Corp. (NYSEAMERICAN:ITRG) – Equities research analysts at Cormark decreased their FY2026 earnings estimates for shares of Integra Resources in a research note issued on Friday, May 16th. Cormark analyst R. Gray now forecasts that the company will post earnings per share of $0.25 for the year, down from their prior forecast of $0.37. The consensus estimate for Integra Resources’ current full-year earnings is ($0.21) per share. Cormark also issued estimates for Integra Resources’ FY2027 earnings at $0.24 EPS.

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

Integra Resources Trading Up 0.7%

Shares of NYSEAMERICAN:ITRG opened at $1.49 on Monday. The company’s 50-day moving average price is $1.47. The company has a market capitalization of $251.17 million, a P/E ratio of -4.52 and a beta of 1.37. Integra Resources has a 12 month low of $0.79 and a 12 month high of $1.95.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in ITRG. Goldman Sachs Group Inc. grew its holdings in shares of Integra Resources by 26.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 316,549 shares of the company’s stock worth $393,000 after acquiring an additional 66,002 shares during the period. Equinox Partners Investment Management LLC boosted its position in shares of Integra Resources by 6.9% during the first quarter. Equinox Partners Investment Management LLC now owns 9,825,138 shares of the company’s stock valued at $12,223,000 after purchasing an additional 635,000 shares in the last quarter. Virtu Financial LLC purchased a new stake in Integra Resources in the first quarter worth $34,000. Ruffer LLP grew its stake in Integra Resources by 3.6% in the first quarter. Ruffer LLP now owns 3,238,353 shares of the company’s stock worth $4,029,000 after purchasing an additional 112,300 shares during the period. Finally, XTX Topco Ltd bought a new position in Integra Resources in the first quarter worth $96,000. 26.67% of the stock is currently owned by institutional investors.

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.