Q4 Earnings Forecast for Integra Resources Issued By Cormark

Integra Resources Corp. (NYSEAMERICAN:ITRG) – Equities researchers at Cormark boosted their Q4 2024 earnings per share estimates for Integra Resources in a research report issued on Friday, January 24th. Cormark analyst R. Gray now forecasts that the company will earn $0.21 per share for the quarter, up from their prior estimate of $0.16. Cormark has a “Moderate Buy” rating on the stock. The consensus estimate for Integra Resources’ current full-year earnings is ($0.21) per share.

Several other analysts have also issued reports on the stock. HC Wainwright cut their target price on shares of Integra Resources from $3.75 to $2.00 and set a “buy” rating for the company in a research report on Wednesday, January 15th. Desjardins raised shares of Integra Resources to a “moderate buy” rating in a research report on Thursday, October 31st.

Integra Resources Stock Up 2.2 %

NYSEAMERICAN ITRG opened at $0.95 on Monday. Integra Resources has a 52 week low of $0.64 and a 52 week high of $1.28. The stock has a market cap of $160.14 million, a PE ratio of -2.88 and a beta of 1.35.

Hedge Funds Weigh In On Integra Resources

An institutional investor recently bought a new position in Integra Resources stock. The Manufacturers Life Insurance Company bought a new position in shares of Integra Resources Corp. (NYSEAMERICAN:ITRG) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 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 quarter. Institutional investors and hedge funds 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.