Desjardins Forecasts Integra Resources Q2 Earnings

Integra Resources Corp. (NYSEAMERICAN:ITRG - Free Report) - Stock analysts at Desjardins issued their Q2 2025 earnings estimates for shares of Integra Resources in a research report issued to clients and investors on Thursday, July 17th. Desjardins analyst A. Carson expects that the company will post earnings per share of $0.08 for the quarter. The consensus estimate for Integra Resources' current full-year earnings is ($0.21) per share.

Separately, HC Wainwright upped their price objective on shares of Integra Resources from $2.75 to $3.25 and gave the company a "buy" rating in a research note on Friday.

Integra Resources Trading Up 4.9%

Integra Resources stock traded up $0.07 during midday trading on Friday, reaching $1.50. 1,350,053 shares of the stock traded hands, compared to its average volume of 565,099. The stock has a fifty day moving average price of $1.58. The firm has a market cap of $253.50 million, a price-to-earnings ratio of -21.43 and a beta of 0.79. Integra Resources has a fifty-two week low of $0.79 and a fifty-two week high of $1.95.

Institutional Inflows and Outflows

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