HC Wainwright Forecasts Integra Resources FY2025 Earnings

Integra Resources Corp. (NYSEAMERICAN:ITRG) – HC Wainwright reduced their FY2025 EPS estimates for shares of Integra Resources in a research report issued to clients and investors on Thursday, May 15th. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings per share of $0.05 for the year, down from their previous estimate of $0.13. HC Wainwright currently has a “Buy” rating and a $2.75 target price on the stock. The consensus estimate for Integra Resources’ current full-year earnings is ($0.21) per share. HC Wainwright also issued estimates for Integra Resources’ FY2026 earnings at $0.16 EPS.

Integra Resources Stock Performance

Integra Resources stock opened at $1.68 on Monday. The firm’s fifty day moving average is $1.48. The stock has a market cap of $283.20 million, a PE ratio of -5.09 and a beta of 1.37. Integra Resources has a fifty-two week low of $0.79 and a fifty-two week high of $1.95.

Institutional Trading of Integra Resources

Several institutional investors and hedge funds have recently made changes to their positions in ITRG. GMT Capital Corp purchased a new position in Integra Resources in the 4th quarter worth $13,566,000. Franklin Resources Inc. raised its position in Integra Resources by 59.0% in the 4th quarter. Franklin Resources Inc. now owns 11,765,543 shares of the company’s stock worth $10,146,000 after purchasing an additional 4,366,962 shares during the period. The Manufacturers Life Insurance Company raised its position in Integra Resources by 121.6% in the 4th quarter. The Manufacturers Life Insurance Company now owns 2,699,327 shares of the company’s stock worth $2,332,000 after purchasing an additional 1,481,481 shares during the period. Ruffer LLP raised its position in Integra Resources by 89.9% in the 4th quarter. Ruffer LLP now owns 3,126,053 shares of the company’s stock worth $2,697,000 after purchasing an additional 1,480,000 shares during the period. Finally, Stifel Financial Corp bought a new stake in Integra Resources in the 4th quarter worth $870,000. Hedge funds and other institutional investors own 26.67% of the company’s stock.

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.