Stifel Canada Comments on Integra Resources FY2025 Earnings

Integra Resources Corp. (NYSEAMERICAN:ITRG) – Stifel Canada lifted their FY2025 earnings per share estimates for Integra Resources in a note issued to investors on Thursday, October 23rd. Stifel Canada analyst I. Rico now anticipates that the company will post earnings per share of $0.30 for the year, up from their prior estimate of $0.28. The consensus estimate for Integra Resources’ current full-year earnings is ($0.21) per share.

Separately, HC Wainwright raised their target price on Integra Resources from $3.25 to $4.75 and gave the stock a “buy” rating in a report on Thursday, October 23rd. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $4.75.

Integra Resources Price Performance

Shares of ITRG opened at $2.80 on Monday. The company has a current ratio of 2.11, a quick ratio of 1.24 and a debt-to-equity ratio of 0.02. Integra Resources has a 1 year low of $0.79 and a 1 year high of $3.49. The stock has a market cap of $473.42 million, a P/E ratio of 46.67 and a beta of 0.84. The stock’s 50-day moving average price is $2.74 and its two-hundred day moving average price is $2.01.

Hedge Funds Weigh In On Integra Resources

Several institutional investors have recently modified their holdings of the business. Franklin Resources Inc. lifted its holdings in shares of Integra Resources by 0.8% during the 2nd quarter. Franklin Resources Inc. now owns 11,865,543 shares of the company’s stock valued at $17,945,000 after purchasing an additional 100,000 shares in the last quarter. Equinox Partners Investment Management LLC lifted its stake in Integra Resources by 6.9% in the 1st quarter. Equinox Partners Investment Management LLC now owns 9,825,138 shares of the company’s stock valued at $12,223,000 after acquiring an additional 635,000 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Integra Resources in the 2nd quarter valued at approximately $7,106,000. Ruffer LLP lifted its stake in Integra Resources by 3.6% in the 1st quarter. Ruffer LLP now owns 3,238,353 shares of the company’s stock valued at $4,029,000 after acquiring an additional 112,300 shares in the last quarter. Finally, Bank of America Corp DE lifted its stake in Integra Resources by 88.2% in the 2nd quarter. Bank of America Corp DE now owns 2,365,705 shares of the company’s stock valued at $3,549,000 after acquiring an additional 1,108,570 shares in the last quarter. 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.