Analysts Set Expectations for Integra Resources Q4 Earnings

Integra Resources Corp. (NYSEAMERICAN:ITRG) – Analysts at Cormark upped their Q4 2024 EPS estimates for shares of Integra Resources in a research note issued to investors on Friday, January 24th. Cormark analyst R. Gray now anticipates that the company will post earnings per share of $0.21 for the quarter, up from their prior forecast of $0.16. Cormark has a “Moderate Buy” rating on the stock. The consensus estimate for Integra Resources’ current full-year earnings is ($0.21) per share.

Other analysts also recently issued research reports about the company. Desjardins upgraded Integra Resources to a “moderate buy” rating in a research note on Thursday, October 31st. HC Wainwright lowered their price target on Integra Resources from $3.75 to $2.00 and set a “buy” rating for the company in a research report on Wednesday, January 15th.

Integra Resources Stock Up 6.0 %

Shares of NYSEAMERICAN ITRG opened at $1.01 on Monday. Integra Resources has a fifty-two week low of $0.64 and a fifty-two week high of $1.28. The company has a market cap of $170.26 million, a price-to-earnings ratio of -3.06 and a beta of 1.35.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Integra Resources stock. Renaissance Technologies LLC boosted its holdings in shares of Integra Resources Corp. (NYSEAMERICAN:ITRG) by 106.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 309,989 shares of the company’s stock after purchasing an additional 159,709 shares during the quarter. Renaissance Technologies LLC owned about 0.35% of Integra Resources worth $286,000 at the end of the most recent quarter. 26.67% of the stock is currently owned by institutional investors.

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.