HC Wainwright Cuts Earnings Estimates for Integra Resources

Integra Resources Corp. (NYSEAMERICAN:ITRG) – Equities researchers at HC Wainwright dropped their FY2026 earnings estimates for Integra Resources in a note issued to investors on Friday, June 26th. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings of $0.28 per share for the year, down from their previous forecast of $0.30. HC Wainwright currently has a “Buy” rating on the stock. The consensus estimate for Integra Resources’ current full-year earnings is $0.44 per share.

Separately, Roth Mkm reaffirmed a “buy” rating and issued a $6.00 price target on shares of Integra Resources in a report on Monday. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $7.33.

Integra Resources Stock Down 4.7%

Integra Resources stock opened at $2.22 on Tuesday. The firm has a 50 day simple moving average of $2.64 and a 200 day simple moving average of $3.33. The company has a current ratio of 4.96, a quick ratio of 3.17 and a debt-to-equity ratio of 0.10. Integra Resources has a 1-year low of $1.42 and a 1-year high of $4.87. The firm has a market capitalization of $450.15 million, a price-to-earnings ratio of 55.51 and a beta of 0.82.

Institutional Trading of Integra Resources

Several institutional investors and hedge funds have recently bought and sold shares of ITRG. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in Integra Resources in the 2nd quarter valued at $7,106,000. Montrusco Bolton Investments Inc. purchased a new stake in shares of Integra Resources in the first quarter worth $7,195,000. Renaissance Technologies LLC raised its position in shares of Integra Resources by 287.8% in the first quarter. Renaissance Technologies LLC now owns 2,096,899 shares of the company’s stock worth $5,725,000 after buying an additional 1,556,199 shares in the last quarter. Bank of America Corp DE boosted its stake in Integra Resources by 60.9% during the third quarter. Bank of America Corp DE now owns 3,806,494 shares of the company’s stock valued at $11,229,000 after buying an additional 1,440,789 shares during the period. Finally, Millennium Management LLC grew its position in Integra Resources by 175.7% during the fourth quarter. Millennium Management LLC now owns 1,954,804 shares of the company’s stock worth $7,850,000 after buying an additional 1,245,850 shares in the last quarter. 26.67% of the stock is currently owned by hedge funds and other institutional investors.

Integra Resources Company Profile

Integra Resources Corp. is a mineral exploration and development company focused on the acquisition, characterization and advancement of precious metals projects in North America. The company’s flagship asset is the DeLamar Gold-Silver Project in southwestern Idaho, a historic mining district that produced both gold and silver from the late 19th century through the mid-20th century. Integra’s business model emphasizes resource delineation, metallurgical optimization and progression through permitting and engineering phases toward potential production.

Since its incorporation in 2017, Integra Resources has undertaken multiple drilling campaigns and metallurgical studies aimed at upgrading and expanding the known mineral inventory at DeLamar.