Integra Resources (ITRG) Projected to Post Quarterly Earnings on Thursday

Integra Resources (NYSEAMERICAN:ITRG) is expected to be issuing its quarterly earnings data before the market opens on Thursday, March 27th. Analysts expect the company to announce earnings of $0.11 per share for the quarter.

Integra Resources Trading Down 2.4 %

ITRG opened at $1.22 on Thursday. The firm has a market cap of $205.66 million, a price-to-earnings ratio of -3.70 and a beta of 1.37. Integra Resources has a 52-week low of $0.69 and a 52-week high of $1.33.

Hedge Funds Weigh In On Integra Resources

A hedge fund recently raised its stake in Integra Resources stock. Bank of America Corp DE increased its position in shares of Integra Resources Corp. (NYSEAMERICAN:ITRG) by 336.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 46,697 shares of the company’s stock after purchasing an additional 35,997 shares during the period. Bank of America Corp DE’s holdings in Integra Resources were worth $41,000 at the end of the most recent quarter. Institutional investors own 26.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright decreased their price objective on shares of Integra Resources from $3.75 to $2.00 and set a “buy” rating on the stock in a report on Wednesday, January 15th.

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.