FY2024 EPS Estimate for Integra Resources Lifted by Analyst

Integra Resources Corp. (NYSEAMERICAN:ITRG - Free Report) - Investment analysts at HC Wainwright boosted their FY2024 EPS estimates for Integra Resources in a research note issued to investors on Wednesday, January 15th. HC Wainwright analyst H. Ihle now anticipates that the company will earn ($0.28) per share for the year, up from their prior estimate of ($0.29). HC Wainwright currently has a "Buy" rating and a $2.00 price objective on the stock. The consensus estimate for Integra Resources' current full-year earnings is ($0.16) per share.

Other equities research analysts have also issued reports about the company. Cormark upgraded Integra Resources to a "moderate buy" rating in a research report on Monday, November 11th. Desjardins raised Integra Resources to a "moderate buy" rating in a research note on Thursday, October 31st.

Integra Resources Trading Down 0.3 %

NYSEAMERICAN:ITRG traded down $0.00 during trading hours on Friday, hitting $0.80. 247,382 shares of the stock were exchanged, compared to its average volume of 262,989. The firm has a market cap of $134.55 million, a P/E ratio of -2.42 and a beta of 1.35. Integra Resources has a 52-week low of $0.64 and a 52-week high of $1.28.

Institutional Trading of Integra Resources

A hedge fund recently raised its stake in Integra Resources stock. Renaissance Technologies LLC boosted its stake in Integra Resources Corp. (NYSEAMERICAN:ITRG - Free Report) by 106.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 309,989 shares of the company's stock after buying an additional 159,709 shares during the period. Renaissance Technologies LLC owned approximately 0.35% of Integra Resources worth $286,000 at the end of the most recent quarter. 26.67% of the stock is currently owned by institutional investors and hedge funds.

Integra Resources Company Profile

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.