FY2025 EPS Estimates for Integra Resources Raised by Analyst

Integra Resources Corp. (NYSEAMERICAN:ITRG) – Analysts at HC Wainwright upped their FY2025 earnings estimates for shares of Integra Resources in a research note issued on Monday, June 30th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings of $0.09 per share for the year, up from their previous forecast of $0.05. HC Wainwright currently has a “Buy” rating and a $2.75 price target on the stock. The consensus estimate for Integra Resources’ current full-year earnings is ($0.21) per share.

Integra Resources Stock Up 2.8%

NYSEAMERICAN:ITRG opened at $1.49 on Wednesday. The firm has a market capitalization of $251.81 million, a P/E ratio of -21.28 and a beta of 0.79. Integra Resources has a 12 month low of $0.79 and a 12 month high of $1.95. The business’s fifty day moving average is $1.64.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ITRG. GMT Capital Corp acquired a new stake in Integra Resources in the fourth quarter valued at approximately $13,566,000. Franklin Resources Inc. boosted its stake in Integra Resources by 59.0% during the fourth quarter. Franklin Resources Inc. now owns 11,765,543 shares of the company’s stock worth $10,146,000 after buying an additional 4,366,962 shares during the last quarter. Equinox Partners Investment Management LLC grew its holdings in shares of Integra Resources by 6.9% in 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 during the period. Ruffer LLP increased its holdings in shares of Integra Resources by 3.6% during the 1st quarter. Ruffer LLP now owns 3,238,353 shares of the company’s stock worth $4,029,000 after buying an additional 112,300 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its holdings in Integra Resources by 121.6% in the fourth quarter. The Manufacturers Life Insurance Company now owns 2,699,327 shares of the company’s stock valued at $2,332,000 after acquiring an additional 1,481,481 shares during the last quarter. 26.67% of the stock is currently owned by institutional investors and hedge funds.

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.