Desjardins Forecasts Integra Resources FY2026 Earnings

Key Points

• Desjardins raised its FY2026 earnings per share estimate for Integra Resources from $0.34 to $0.48, significantly exceeding the current consensus estimate of ($0.21) per share.
• HC Wainwright maintained a "buy" rating for Integra Resources and set a price target of $3.25 for the stock, which has an average rating of "Buy" across analysts.
• Integra Resources Corp. has attracted significant institutional investment, with major firms boosting their stakes and owning approximately 26.67% of the company's stock.

Integra Resources Corp. (NYSEAMERICAN:ITRG - Free Report) - Research analysts at Desjardins raised their FY2026 earnings per share (EPS) estimates for shares of Integra Resources in a report released on Wednesday, October 1st. Desjardins analyst A. Carson now forecasts that the company will post earnings per share of $0.48 for the year, up from their prior estimate of $0.34. The consensus estimate for Integra Resources' current full-year earnings is ($0.21) per share.

Separately, HC Wainwright reiterated a "buy" rating and issued a $3.25 price target on shares of Integra Resources in a report on Thursday, August 14th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $3.25.

Integra Resources Trading Up 1.3%

Shares of NYSEAMERICAN:ITRG opened at $3.15 on Monday. Integra Resources has a 12-month low of $0.79 and a 12-month high of $3.26. The business's fifty day simple moving average is $2.26 and its 200-day simple moving average is $1.80. The company has a market capitalization of $532.60 million, a PE ratio of 52.50 and a beta of 0.84. The company has a current ratio of 2.11, a quick ratio of 1.24 and a debt-to-equity ratio of 0.02.

Institutional Trading of Integra Resources

A number of institutional investors have recently made changes to their positions in ITRG. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Integra Resources in the 2nd quarter worth $7,106,000. Bank of America Corp DE boosted its position in shares of Integra Resources by 88.2% in the 2nd quarter. Bank of America Corp DE now owns 2,365,705 shares of the company's stock worth $3,549,000 after purchasing an additional 1,108,570 shares in the last quarter. Equinox Partners Investment Management LLC lifted its position in Integra Resources by 6.9% during the 1st quarter. Equinox Partners Investment Management LLC now owns 9,825,138 shares of the company's stock worth $12,223,000 after acquiring an additional 635,000 shares during the period. U S Global Investors Inc. acquired a new stake in Integra Resources during the 2nd quarter worth about $225,000. Finally, Medici Capital LLC acquired a new stake in Integra Resources during the 2nd quarter worth about $184,000. Institutional investors and hedge funds own 26.67% of the company's stock.

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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