HC Wainwright Lifts Earnings Estimates for Integra Resources

Key Points

• HC Wainwright has raised its FY2025 EPS estimate for Integra Resources Corp. to $0.32, up from $0.29, indicating positive growth expectations.
• Stifel Nicolaus has increased the price target for Integra Resources shares from C$4.00 to C$4.50, suggesting a more optimistic outlook.
• Company insider Dale Kerner purchased 34,720 shares at an average price of C$1.96, demonstrating confidence in the company's prospects.

Integra Resources Corp. (CVE:ITR - Free Report) - Equities researchers at HC Wainwright lifted their FY2025 earnings per share (EPS) estimates for shares of Integra Resources in a research note issued on Thursday, August 14th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings per share of $0.32 for the year, up from their previous estimate of $0.29. The consensus estimate for Integra Resources' current full-year earnings is $0.17 per share.

Integra Resources Stock Performance

ITR remained flat at C$2.57 on Friday. The company had a trading volume of 403,780 shares, compared to its average volume of 426,621. The firm has a 50 day simple moving average of C$2.15 and a 200 day simple moving average of C$2.03. The company has a market capitalization of C$303.74 million, a price-to-earnings ratio of -5.32 and a beta of 1.37. Integra Resources has a 52 week low of C$1.12 and a 52 week high of C$2.69. The company has a current ratio of 0.82, a quick ratio of 1.49 and a debt-to-equity ratio of 35.54.

Insider Transactions at Integra Resources

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