Analysts Issue Forecasts for Integra Resources Q1 Earnings

Integra Resources Corp. (NYSEAMERICAN:ITRG - Free Report) - Research analysts at Raymond James increased their Q1 2025 EPS estimates for shares of Integra Resources in a research note issued on Tuesday, April 22nd. Raymond James analyst B. Macarthur now anticipates that the company will earn $0.09 per share for the quarter, up from their previous estimate of $0.07. The consensus estimate for Integra Resources' current full-year earnings is ($0.21) per share. Raymond James also issued estimates for Integra Resources' FY2025 earnings at $0.39 EPS.

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

Integra Resources Price Performance

NYSEAMERICAN ITRG traded down $0.05 during trading on Thursday, hitting $1.73. The stock had a trading volume of 490,762 shares, compared to its average volume of 333,472. The company has a market cap of $290.78 million, a P/E ratio of -5.23 and a beta of 1.37. Integra Resources has a twelve month low of $0.73 and a twelve month high of $1.88.

Institutional Investors Weigh In On Integra Resources

A number of large investors have recently modified their holdings of ITRG. Equinox Partners Investment Management LLC raised its position in shares of 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 worth $7,922,000 after acquiring an additional 386,675 shares in the last quarter. Sprott Inc. raised its holdings in Integra Resources by 107.6% during the fourth quarter. Sprott Inc. now owns 1,411,459 shares of the company's stock worth $1,227,000 after purchasing an additional 731,624 shares in the last quarter. MMCAP International Inc. SPC purchased a new stake in shares of Integra Resources during the 4th quarter worth approximately $270,000. Ruffer LLP boosted its holdings in shares of Integra Resources by 89.9% in the 4th quarter. Ruffer LLP now owns 3,126,053 shares of the company's stock valued at $2,697,000 after buying an additional 1,480,000 shares in the last quarter. Finally, Franklin Resources Inc. grew its position in shares of Integra Resources by 59.0% in the 4th quarter. Franklin Resources Inc. now owns 11,765,543 shares of the company's stock valued at $10,146,000 after buying an additional 4,366,962 shares during the last quarter. 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.