FY2025 EPS Forecast for Integra Resources Raised by Analyst

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

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

Integra Resources Price Performance

ITRG stock opened at $1.44 on Monday. The company has a market capitalization of $243.36 million, a PE ratio of -20.57 and a beta of 0.84. Integra Resources has a 12 month low of $0.79 and a 12 month high of $1.95. The business has a 50-day moving average of $1.66.

Institutional Trading of Integra Resources

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ITRG. Millennium Management LLC acquired a new stake in shares of Integra Resources during the 4th quarter worth approximately $39,000. Jane Street Group LLC acquired a new stake in shares of Integra Resources during the 4th quarter worth approximately $42,000. Citadel Advisors LLC grew its position in shares of Integra Resources by 173.9% during the 4th quarter. Citadel Advisors LLC now owns 68,392 shares of the company's stock worth $59,000 after buying an additional 43,421 shares during the period. Renaissance Technologies LLC grew its position in shares of Integra Resources by 30.4% during the 4th quarter. Renaissance Technologies LLC now owns 412,340 shares of the company's stock worth $359,000 after buying an additional 96,060 shares during the period. Finally, GMT Capital Corp acquired a new stake in shares of Integra Resources during the 4th quarter worth approximately $13,566,000. Institutional investors and hedge funds 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.

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