Cormark Increases Earnings Estimates for Integra Resources

Integra Resources Corp. (NYSEAMERICAN:ITRG - Free Report) - Equities researchers at Cormark increased their Q2 2025 EPS estimates for Integra Resources in a note issued to investors on Wednesday, April 23rd. Cormark analyst R. Gray now expects that the company will post earnings of $0.10 per share for the quarter, up from their prior forecast of $0.06. The consensus estimate for Integra Resources' current full-year earnings is ($0.21) per share. Cormark also issued estimates for Integra Resources' Q3 2025 earnings at $0.10 EPS, Q4 2025 earnings at $0.10 EPS and FY2025 earnings at $0.44 EPS.

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

Integra Resources Stock Up 5.3 %

ITRG stock traded up $0.09 during midday trading on Friday, reaching $1.80. 839,193 shares of the company's stock traded hands, compared to its average volume of 339,808. The stock has a market cap of $303.41 million, a price-to-earnings ratio of -5.45 and a beta of 1.37. Integra Resources has a fifty-two week low of $0.73 and a fifty-two week high of $1.88.

Institutional Trading of Integra Resources

A number of hedge funds have recently made changes to their positions in the company. GMT Capital Corp bought a new position in shares of Integra Resources during the fourth quarter worth about $13,566,000. Franklin Resources Inc. lifted its position in shares of 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 purchasing an additional 4,366,962 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in shares of Integra Resources by 121.6% during the fourth 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 last quarter. Ruffer LLP lifted its position in shares of Integra Resources by 89.9% during the fourth 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 last quarter. Finally, Stifel Financial Corp bought a new position in shares of Integra Resources during the fourth quarter worth about $870,000. Hedge funds and other institutional investors own 26.67% of the company's stock.

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.