HC Wainwright Comments on Integra Resources FY2025 Earnings

Integra Resources Corp. (NYSEAMERICAN:ITRG) – HC Wainwright raised their FY2025 earnings per share (EPS) estimates for shares of Integra Resources in a research note issued to investors on Monday, June 30th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings per share of $0.09 for the year, up from their previous estimate of $0.05. HC Wainwright currently has a “Buy” rating and a $2.75 target price on the stock. The consensus estimate for Integra Resources’ current full-year earnings is ($0.21) per share.

Integra Resources Price Performance

Shares of Integra Resources stock opened at $1.45 on Wednesday. Integra Resources has a 52-week low of $0.79 and a 52-week high of $1.95. The company has a market cap of $245.05 million, a price-to-earnings ratio of -20.71 and a beta of 0.79. The firm has a fifty day simple moving average of $1.65.

Hedge Funds Weigh In On Integra Resources

Several hedge funds and other institutional investors have recently modified their holdings of ITRG. Rathbones Group PLC bought a new stake in Integra Resources during the fourth quarter worth about $28,000. Cambridge Investment Research Advisors Inc. acquired a new position in shares of Integra Resources in the 1st quarter worth approximately $30,000. Virtu Financial LLC bought a new stake in Integra Resources during the 1st quarter worth approximately $34,000. Millennium Management LLC acquired a new stake in Integra Resources during the 4th quarter valued at $39,000. Finally, Bank of America Corp DE increased its holdings in Integra Resources by 336.4% during the 4th quarter. Bank of America Corp DE now owns 46,697 shares of the company’s stock valued at $41,000 after purchasing an additional 35,997 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.