Ventum Cap Mkts Forecasts Integra Resources FY2025 Earnings

Integra Resources Corp. (NYSEAMERICAN:ITRG - Free Report) - Ventum Cap Mkts issued their FY2025 EPS estimates for shares of Integra Resources in a research note issued on Monday, June 2nd. Ventum Cap Mkts analyst P. Ker expects that the company will earn $0.08 per share for the year. The consensus estimate for Integra Resources' current full-year earnings is ($0.21) per share. Ventum Cap Mkts also issued estimates for Integra Resources' FY2026 earnings at $0.17 EPS.

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

Integra Resources Stock Up 7.4%

Shares of ITRG stock traded up $0.13 during trading hours on Thursday, reaching $1.88. 2,080,068 shares of the company's stock were exchanged, compared to its average volume of 450,862. The company has a market capitalization of $316.91 million, a PE ratio of -5.70 and a beta of 1.37. Integra Resources has a fifty-two week low of $0.79 and a fifty-two week high of $1.95. The business's fifty day simple moving average is $1.59.

Institutional Investors Weigh In On Integra Resources

Several hedge funds have recently bought and sold shares of the company. Equinox Partners Investment Management LLC increased its holdings in shares of Integra Resources by 4.4% in the fourth 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. lifted its holdings 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 in the last quarter. MMCAP International Inc. SPC acquired a new position in shares of Integra Resources in the 4th quarter valued at approximately $270,000. Ruffer LLP increased its stake in Integra Resources by 89.9% during 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 in the last quarter. Finally, Franklin Resources Inc. increased its stake in Integra Resources by 59.0% during 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 in the last quarter. 26.67% of the stock is currently owned by institutional investors and hedge funds.

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.