Desjardins Raises Earnings Estimates for Integra Resources

Integra Resources Corp. (NYSEAMERICAN:ITRG) – Equities researchers at Desjardins increased their FY2026 earnings per share estimates for shares of Integra Resources in a note issued to investors on Wednesday, November 12th. Desjardins analyst A. Carson now expects that the company will post earnings of $0.67 per share for the year, up from their previous forecast of $0.48. The consensus estimate for Integra Resources’ current full-year earnings is ($0.21) per share.

Separately, HC Wainwright upped their price objective on shares of Integra Resources from $3.25 to $4.75 and gave the company a “buy” rating in a report on Thursday, October 23rd. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Integra Resources presently has a consensus rating of “Buy” and a consensus price target of $4.75.

Integra Resources Trading Down 0.3%

Integra Resources stock opened at $2.98 on Monday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.05 and a current ratio of 1.58. The stock has a market cap of $503.86 million, a PE ratio of 33.11 and a beta of 0.83. The stock has a 50-day moving average of $2.94 and a two-hundred day moving average of $2.14. Integra Resources has a one year low of $0.79 and a one year high of $3.49.

Hedge Funds Weigh In On Integra Resources

A number of institutional investors have recently modified their holdings of ITRG. Virtu Financial LLC purchased a new stake in shares of Integra Resources in the first quarter worth about $34,000. Bank of America Corp DE boosted its position in Integra Resources by 336.4% in the 4th quarter. Bank of America Corp DE now owns 46,697 shares of the company’s stock worth $41,000 after purchasing an additional 35,997 shares in the last quarter. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Integra Resources during the 3rd quarter worth approximately $42,000. Jane Street Group LLC purchased a new position in shares of Integra Resources during the 2nd quarter valued at approximately $48,000. Finally, JPMorgan Chase & Co. purchased a new position in shares of Integra Resources during the 2nd quarter valued at approximately $53,000. Hedge funds and other 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.