Cormark Increases Earnings Estimates for Integra Resources

Integra Resources Corp. (NYSEAMERICAN:ITRG - Free Report) - Investment analysts at Cormark increased their FY2027 EPS estimates for shares of Integra Resources in a research note issued on Thursday, June 26th. Cormark analyst R. Gray now anticipates that the company will post earnings per share of $0.33 for the year, up from their previous forecast of $0.24. The consensus estimate for Integra Resources' current full-year earnings is ($0.21) per share.

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

Integra Resources Price Performance

Shares of ITRG opened at $1.44 on Monday. The company has a market capitalization of $243.36 million, a PE ratio of -20.57 and a beta of 0.84. The stock's fifty day moving average price is $1.66. Integra Resources has a 12-month low of $0.79 and a 12-month high of $1.95.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of ITRG. Rathbones Group PLC bought a new stake in Integra Resources during the fourth quarter worth approximately $28,000. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Integra Resources during the 1st quarter valued at $30,000. Virtu Financial LLC bought a new stake in shares of Integra Resources during the 1st quarter worth $34,000. Millennium Management LLC acquired a new position in shares of Integra Resources in the 4th quarter worth $39,000. Finally, Bank of America Corp DE grew its holdings in shares of Integra Resources by 336.4% in the 4th quarter. Bank of America Corp DE now owns 46,697 shares of the company's stock worth $41,000 after acquiring an additional 35,997 shares during the last quarter. 26.67% of the stock is owned by institutional investors and hedge funds.

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.

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