Desjardins Predicts Increased Earnings for Integra Resources

Key Points

• Desjardins analysts have increased their FY2025 earnings per share (EPS) estimate for Integra Resources Corp. from $0.11 to $0.23, indicating a confident outlook for the company's performance.
• Stifel Nicolaus raised Integra Resources' target price from C$4.00 to C$4.50, suggesting increased investor optimism regarding the company's stock value.
• Integra Resources' stock rose by 7.4% recently, and the company has a market capitalization of C$291.93 million.

Integra Resources Corp. (CVE:ITR - Free Report) - Stock analysts at Desjardins raised their FY2025 EPS estimates for shares of Integra Resources in a note issued to investors on Wednesday, August 13th. Desjardins analyst A. Carson now expects that the company will post earnings of $0.23 per share for the year, up from their previous estimate of $0.11. The consensus estimate for Integra Resources' current full-year earnings is $0.17 per share. Desjardins also issued estimates for Integra Resources' FY2026 earnings at $0.47 EPS.

Integra Resources Stock Up 1.5%

Shares of CVE:ITR traded up C$0.04 during midday trading on Monday, hitting C$2.70. 1,143,906 shares of the company's stock traded hands, compared to its average volume of 434,372. The company has a debt-to-equity ratio of 35.54, a quick ratio of 1.49 and a current ratio of 0.82. The company has a market cap of C$319.11 million, a PE ratio of -5.59 and a beta of 1.37. The firm's fifty day moving average price is C$2.17 and its two-hundred day moving average price is C$2.05. Integra Resources has a twelve month low of C$1.12 and a twelve month high of C$2.72.

Insider Buying and Selling at Integra Resources

In other Integra Resources news, Senior Officer Dale Kerner bought 34,720 shares of Integra Resources stock in a transaction that occurred on Friday, June 27th. The shares were acquired at an average price of C$1.96 per share, for a total transaction of C$67,995.65. Insiders own 17.78% 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.