HC Wainwright Lifts Earnings Estimates for Integra Resources

Integra Resources Corp. (CVE:ITR - Free Report) - Investment analysts at HC Wainwright lifted their FY2024 earnings per share estimates for shares of Integra Resources in a research report issued on Thursday, October 31st. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings per share of ($0.40) for the year, up from their previous forecast of ($0.50). The consensus estimate for Integra Resources' current full-year earnings is $0.17 per share. HC Wainwright also issued estimates for Integra Resources' FY2025 earnings at ($0.43) EPS.

Integra Resources (CVE:ITR - Get Free Report) last issued its earnings results on Wednesday, August 14th. The company reported C($0.10) earnings per share for the quarter, missing analysts' consensus estimates of C($0.05) by C($0.05).

Other equities research analysts also recently issued reports about the stock. Desjardins raised shares of Integra Resources to a "moderate buy" rating in a research report on Thursday. Raymond James lifted their price target on Integra Resources from C$2.50 to C$2.75 and gave the company an "outperform" rating in a research note on Tuesday, July 30th.

Integra Resources Stock Down 3.2 %

ITR stock traded down C$0.05 during midday trading on Monday, reaching C$1.49. 172,728 shares of the company's stock traded hands, compared to its average volume of 110,727. Integra Resources has a 52 week low of C$0.86 and a 52 week high of C$1.75. The company has a market cap of C$131.81 million, a price-to-earnings ratio of -3.08 and a beta of 1.37. The firm's fifty day moving average price is C$1.37 and its 200-day moving average price is C$1.27. The company has a quick ratio of 1.49, a current ratio of 1.06 and a debt-to-equity ratio of 29.05.

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.