Desjardins Weighs in on Integra Resources FY2025 Earnings

Integra Resources Corp. (NYSEAMERICAN:ITRG) – Stock analysts at Desjardins increased their FY2025 earnings estimates for Integra Resources in a research report issued on Wednesday, October 1st. Desjardins analyst A. Carson now forecasts that the company will post earnings per share of $0.21 for the year, up from their previous forecast of $0.17. The consensus estimate for Integra Resources’ current full-year earnings is ($0.21) per share.

Separately, HC Wainwright restated a “buy” rating and set a $3.25 price target on shares of Integra Resources in a research note on Thursday, August 14th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $3.25.

Integra Resources Stock Performance

NYSEAMERICAN:ITRG opened at $3.11 on Friday. Integra Resources has a fifty-two week low of $0.79 and a fifty-two week high of $3.26. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.24 and a current ratio of 2.11. The company has a 50 day moving average price of $2.23 and a 200 day moving average price of $1.78. The stock has a market capitalization of $525.59 million, a P/E ratio of 51.83 and a beta of 0.84.

Institutional Trading of Integra Resources

Large investors have recently modified their holdings of the stock. Man Group plc acquired a new stake in shares of Integra Resources in the second quarter valued at $149,000. Bank of America Corp DE grew its stake in Integra Resources by 88.2% during the 2nd quarter. Bank of America Corp DE now owns 2,365,705 shares of the company’s stock worth $3,549,000 after purchasing an additional 1,108,570 shares in the last quarter. Jane Street Group LLC purchased a new stake in Integra Resources during the 2nd quarter worth about $48,000. Raymond James Financial Inc. raised its position in Integra Resources by 48.7% in the 2nd quarter. Raymond James Financial Inc. now owns 50,751 shares of the company’s stock valued at $76,000 after purchasing an additional 16,611 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Integra Resources in the 2nd quarter valued at about $7,106,000. Hedge funds and other institutional investors 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.