Cormark Predicts Integra Resources' Q1 Earnings (CVE:ITR)

Integra Resources Corp. (CVE:ITR - Free Report) - Investment analysts at Cormark boosted their Q1 2025 EPS estimates for shares of Integra Resources in a research note issued on Thursday, April 3rd. Cormark analyst R. Gray now expects that the company will earn $0.13 per share for the quarter, up from their previous forecast of $0.09. The consensus estimate for Integra Resources' current full-year earnings is $0.17 per share. Cormark also issued estimates for Integra Resources' FY2025 earnings at $0.37 EPS.

Separately, Raymond James lifted their target price on shares of Integra Resources from C$3.25 to C$3.75 in a report on Friday, April 4th.

Integra Resources Trading Up 16.5 %

Shares of ITR traded up C$0.31 during trading on Monday, reaching C$2.19. 1,238,531 shares of the company traded hands, compared to its average volume of 376,712. The stock has a 50-day simple moving average of C$1.70 and a 200-day simple moving average of C$1.47. The company has a quick ratio of 1.49, a current ratio of 0.82 and a debt-to-equity ratio of 35.54. Integra Resources has a twelve month low of C$1.00 and a twelve month high of C$2.23. The stock has a market cap of C$258.83 million, a PE ratio of -4.53 and a beta of 1.37.

Insiders Place Their Bets

In other Integra Resources news, Director George Salamis purchased 24,500 shares of the company's stock in a transaction on Friday, January 24th. The stock was acquired at an average price of C$1.40 per share, for a total transaction of C$34,282.85. Insiders have acquired 45,000 shares of company stock worth $61,033 over the last three months. Company insiders own 17.78% of the company's stock.

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.