Raymond James Forecasts Integra Resources FY2025 Earnings

Integra Resources Corp. (NYSEAMERICAN:ITRG) – Analysts at Raymond James dropped their FY2025 earnings per share estimates for shares of Integra Resources in a research note issued to investors on Thursday, January 23rd. Raymond James analyst B. Macarthur now anticipates that the company will post earnings of $0.12 per share for the year, down from their previous estimate of $0.13. The consensus estimate for Integra Resources’ current full-year earnings is ($0.21) per share.

ITRG has been the subject of several other reports. Cormark upgraded Integra Resources to a “moderate buy” rating in a research note on Monday, November 11th. Desjardins upgraded Integra Resources to a “moderate buy” rating in a research note on Thursday, October 31st. Finally, HC Wainwright reduced their target price on Integra Resources from $3.75 to $2.00 and set a “buy” rating for the company in a research note on Wednesday, January 15th.

Integra Resources Stock Up 2.2 %

Shares of NYSEAMERICAN ITRG opened at $0.95 on Friday. Integra Resources has a 12 month low of $0.64 and a 12 month high of $1.28. The company has a market cap of $160.14 million, a PE ratio of -2.88 and a beta of 1.35.

Institutional Trading of Integra Resources

An institutional investor recently bought a new position in Integra Resources stock. The Manufacturers Life Insurance Company acquired a new stake in Integra Resources Corp. (NYSEAMERICAN:ITRG) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 1,217,846 shares of the company’s stock, valued at approximately $1,189,000. The Manufacturers Life Insurance Company owned approximately 1.38% of Integra Resources at the end of the most recent reporting period. Institutional investors own 26.67% 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.