Integra Resources (ITRG) to Release Quarterly Earnings on Wednesday

Key Points

• Integra Resources (ITRG) is set to announce its earnings on Wednesday, August 13, with analysts expecting earnings of $0.06 per share and revenue of $37.95 million.
• Shares of ITRG opened at $1.56, with a 52-week range of $0.79 to $1.95, and a market capitalization of $263.64 million.
• Bank of America recently increased its stake in Integra Resources by 336.4%, indicating strong institutional interest in the company.

Integra Resources (NYSEAMERICAN:ITRG - Get Free Report) is projected to announce its earnings results after the market closes on Wednesday, August 13th. Analysts expect the company to announce earnings of $0.06 per share and revenue of $37.95 million for the quarter.

Integra Resources Price Performance

Shares of ITRG stock traded down $0.01 during trading hours on Thursday, reaching $1.58. 738,191 shares of the stock were exchanged, compared to its average volume of 887,837. The company has a market cap of $267.02 million, a price-to-earnings ratio of -22.57 and a beta of 0.73. Integra Resources has a 12-month low of $0.79 and a 12-month high of $1.95. The stock's 50-day moving average is $1.57.

Institutional Trading of Integra Resources

A hedge fund recently raised its stake in Integra Resources stock. Bank of America Corp DE grew its position in shares of Integra Resources Corp. (NYSEAMERICAN:ITRG - Free Report) by 336.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,697 shares of the company's stock after purchasing an additional 35,997 shares during the period. Bank of America Corp DE's holdings in Integra Resources were worth $41,000 as of its most recent SEC filing. Institutional investors own 26.67% of the company's stock.

Wall Street Analyst Weigh In

Separately, HC Wainwright raised their price objective on Integra Resources from $2.75 to $3.25 and gave the stock a "buy" rating in a report on Friday, July 18th.

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.