HC Wainwright Expects Weaker Earnings for Integra Resources

Integra Resources Corp. (NYSEAMERICAN:ITRG - Free Report) - Investment analysts at HC Wainwright decreased their FY2025 earnings per share estimates for shares of Integra Resources in a report issued on Thursday, May 15th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings per share of $0.05 for the year, down from their previous estimate of $0.13. HC Wainwright has a "Buy" rating and a $2.75 price objective on the stock. The consensus estimate for Integra Resources' current full-year earnings is ($0.21) per share. HC Wainwright also issued estimates for Integra Resources' FY2026 earnings at $0.16 EPS.

Integra Resources Trading Up 0.7%

Shares of Integra Resources stock opened at $1.49 on Monday. The stock has a market cap of $251.17 million, a price-to-earnings ratio of -4.52 and a beta of 1.37. Integra Resources has a 1 year low of $0.79 and a 1 year high of $1.95. The company's fifty day simple moving average is $1.47.

Institutional Investors Weigh In On Integra Resources

Several institutional investors have recently added to or reduced their stakes in the business. Equinox Partners Investment Management LLC raised its holdings in Integra Resources by 4.4% during the 4th quarter. Equinox Partners Investment Management LLC now owns 9,190,138 shares of the company's stock valued at $7,922,000 after acquiring an additional 386,675 shares during the period. Sprott Inc. raised its stake in shares of Integra Resources by 107.6% during the 4th quarter. Sprott Inc. now owns 1,411,459 shares of the company's stock valued at $1,227,000 after purchasing an additional 731,624 shares during the period. MMCAP International Inc. SPC purchased a new stake in Integra Resources during the 4th quarter worth about $270,000. Ruffer LLP boosted its stake in Integra Resources by 89.9% in the 4th quarter. Ruffer LLP now owns 3,126,053 shares of the company's stock worth $2,697,000 after purchasing an additional 1,480,000 shares during the period. Finally, Franklin Resources Inc. boosted its stake in Integra Resources by 59.0% in the 4th quarter. Franklin Resources Inc. now owns 11,765,543 shares of the company's stock worth $10,146,000 after purchasing an additional 4,366,962 shares during the period. 26.67% of the stock is owned by hedge funds and other institutional investors.

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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