FY2025 Earnings Estimate for CVE:ITR Issued By HC Wainwright

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) - Investment analysts at HC Wainwright raised their FY2025 earnings per share (EPS) estimates for Integra Resources in a research note issued to investors on Thursday, August 14th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings of $0.32 per share for the year, up from their previous forecast of $0.29. The consensus estimate for Integra Resources' current full-year earnings is $0.17 per share.

Separately, Stifel Nicolaus increased their target price on Integra Resources from C$4.00 to C$4.50 in a research note on Monday, April 21st. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of C$4.31.

Integra Resources Trading Down 3.0%

Shares of ITR stock traded down C$0.08 on Friday, reaching C$2.57. 872,175 shares of the company's stock were exchanged, compared to its average volume of 427,135. The company's fifty day simple moving average is C$2.15 and its 200 day simple moving average is C$2.03. 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. The stock has a market capitalization of C$303.74 million, a PE ratio of -5.32 and a beta of 1.37.

Insider Activity at Integra Resources

In other Integra Resources news, Senior Officer Dale Kerner purchased 34,720 shares of the stock in a transaction dated Friday, June 27th. The stock was purchased at an average price of C$1.96 per share, with a total value of C$67,995.65. Corporate 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.