FY2025 EPS Estimates for Integra Resources Raised by Analyst

Key Points

• HC Wainwright analysts raised their FY2025 EPS estimates for Integra Resources to $0.25 per share, increasing from a prior estimate of $0.23, maintaining a "Buy" rating with a price objective of $4.75.
• Integra Resources' stock opened at $2.96 and has a market cap of $500.48 million, with strong institutional interest as 26.67% of the stock is held by institutional investors.
• The company's notable projects include the DeLamar Project in Idaho and the Wildcat and Mountain View Projects in Nevada, focusing on precious metals exploration.

Integra Resources Corp. (NYSEAMERICAN:ITRG - Free Report) - Analysts at HC Wainwright increased their FY2025 EPS estimates for shares of Integra Resources in a report issued on Thursday, October 23rd. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings of $0.25 per share for the year, up from their previous estimate of $0.23. HC Wainwright has a "Buy" rating and a $4.75 price objective on the stock. The consensus estimate for Integra Resources' current full-year earnings is ($0.21) per share.

Integra Resources Trading Up 4.2%

Integra Resources stock opened at $2.96 on Friday. The company has a market cap of $500.48 million, a price-to-earnings ratio of 49.33 and a beta of 0.84. The firm has a 50-day moving average of $2.70 and a 200-day moving average of $1.97. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.11 and a quick ratio of 1.24. Integra Resources has a one year low of $0.79 and a one year high of $3.49.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of ITRG. Bank of America Corp DE raised its stake in shares of Integra Resources by 336.4% during the 4th quarter. Bank of America Corp DE now owns 46,697 shares of the company's stock worth $41,000 after purchasing an additional 35,997 shares in the last quarter. Cambridge Investment Research Advisors Inc. bought a new stake in Integra Resources during the first quarter worth $30,000. XTX Topco Ltd acquired a new stake in Integra Resources in the first quarter valued at $96,000. Ruffer LLP grew its position in shares of Integra Resources by 3.6% in the 1st quarter. Ruffer LLP now owns 3,238,353 shares of the company's stock valued at $4,029,000 after acquiring an additional 112,300 shares during the period. Finally, Virtu Financial LLC acquired a new position in shares of Integra Resources during the 1st quarter worth about $34,000. 26.67% of the stock is currently owned by institutional investors.

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.

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