FY2025 EPS Forecast for Integra Resources Raised by Analyst

Integra Resources Corp. (NYSEAMERICAN:ITRG - Free Report) - Equities researchers at Desjardins lifted their FY2025 earnings per share estimates for shares of Integra Resources in a note issued to investors on Thursday, June 26th. Desjardins analyst A. Carson now anticipates that the company will earn $0.08 per share for the year, up from their prior forecast of $0.05. The consensus estimate for Integra Resources' current full-year earnings is ($0.21) per share.

Separately, HC Wainwright restated a "buy" rating and issued a $2.75 price objective on shares of Integra Resources in a research report on Wednesday, April 23rd.

Integra Resources Stock Up 2.8%

ITRG traded up $0.04 during midday trading on Monday, reaching $1.49. 403,919 shares of the company's stock were exchanged, compared to its average volume of 535,315. Integra Resources has a 1-year low of $0.79 and a 1-year high of $1.95. The firm has a market cap of $251.81 million, a PE ratio of -21.28 and a beta of 0.79. The company's 50-day moving average price is $1.65.

Institutional Investors Weigh In On Integra Resources

A number of hedge funds and other institutional investors have recently made changes to their positions in ITRG. Millennium Management LLC acquired a new stake in shares of Integra Resources during the 4th quarter worth $39,000. Jane Street Group LLC acquired a new position in Integra Resources in the fourth quarter valued at $42,000. Citadel Advisors LLC grew its position in Integra Resources by 173.9% during the fourth quarter. Citadel Advisors LLC now owns 68,392 shares of the company's stock valued at $59,000 after acquiring an additional 43,421 shares during the period. Renaissance Technologies LLC increased its stake in Integra Resources by 30.4% during the fourth quarter. Renaissance Technologies LLC now owns 412,340 shares of the company's stock worth $359,000 after acquiring an additional 96,060 shares during the last quarter. Finally, GMT Capital Corp purchased a new position in shares of Integra Resources in the 4th quarter worth about $13,566,000. Hedge funds and other institutional investors 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.