Integra Resources FY2025 EPS Decreased by HC Wainwright

Integra Resources Corp. (NYSEAMERICAN:ITRG) – HC Wainwright decreased their FY2025 earnings estimates for shares of Integra Resources in a research report issued to clients and investors on Thursday, November 13th. HC Wainwright analyst H. Ihle now expects that the company will earn $0.10 per share for the year, down from their prior forecast of $0.25. HC Wainwright has a “Buy” rating and a $4.75 price objective on the stock. The consensus estimate for Integra Resources’ current full-year earnings is ($0.21) per share.

Integra Resources Trading Down 3.9%

Shares of NYSEAMERICAN ITRG opened at $2.94 on Monday. The company has a market cap of $497.10 million, a price-to-earnings ratio of 32.67 and a beta of 0.83. The business has a fifty day simple moving average of $2.93 and a 200-day simple moving average of $2.13. The company has a quick ratio of 1.05, a current ratio of 1.58 and a debt-to-equity ratio of 0.02. Integra Resources has a 12 month low of $0.79 and a 12 month high of $3.49.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in 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 raised its position in shares of Integra Resources by 6.9% during the first quarter. Equinox Partners Investment Management LLC now owns 9,825,138 shares of the company’s stock worth $12,223,000 after acquiring an additional 635,000 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Integra Resources in the 2nd quarter valued at $7,106,000. Ruffer LLP lifted its position 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 grew its holdings in shares of Integra Resources by 88.2% in the second 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. 26.67% of the stock is owned by institutional investors.

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.