HC Wainwright Estimates Integra Resources FY2027 Earnings

Integra Resources Corp. (NYSEAMERICAN:ITRG) – Stock analysts at HC Wainwright issued their FY2027 EPS estimates for Integra Resources in a research note issued on Friday, October 23rd. HC Wainwright analyst H. Ihle anticipates that the company will post earnings per share of $0.25 for the year. HC Wainwright currently has a “Buy” rating and a $6.50 target price on the stock. The consensus estimate for Integra Resources’ current full-year earnings is $0.25 per share.

Several other brokerages have also recently issued reports on ITRG. Roth Capital set a $5.00 target price on Integra Resources in a report on Monday, July 27th. Zacks Research raised Integra Resources from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 25th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Integra Resources presently has an average rating of “Moderate Buy” and a consensus target price of $6.92.

Integra Resources Stock Performance

Shares of Integra Resources stock opened at $2.21 on Tuesday. The firm has a market cap of $448.36 million, a price-to-earnings ratio of 55.26 and a beta of 0.86. The business has a 50-day moving average price of $2.66 and a 200-day moving average price of $2.91. The company has a quick ratio of 3.42, a current ratio of 5.31 and a debt-to-equity ratio of 0.08. Integra Resources has a twelve month low of $1.99 and a twelve month high of $4.87.

Integra Resources (NYSEAMERICAN:ITRG) last released its earnings results on Tuesday, August 11th. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.01). The company had revenue of $69.42 million during the quarter, compared to analysts’ expectations of $82.69 million. Integra Resources had a return on equity of 26.86% and a net margin of 4.14%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. U S Global Investors Inc. bought a new position in Integra Resources during the third quarter valued at $6,173,000. Castleview Partners LLC lifted its holdings in shares of Integra Resources by 23.1% in the 3rd quarter. Castleview Partners LLC now owns 32,000 shares of the company’s stock worth $82,000 after acquiring an additional 6,000 shares during the last quarter. Engineers Gate Manager LP lifted its holdings in shares of Integra Resources by 21.7% in the 2nd quarter. Engineers Gate Manager LP now owns 56,508 shares of the company’s stock worth $128,000 after acquiring an additional 10,093 shares during the last quarter. Pale Fire Capital SE bought a new stake in shares of Integra Resources in the 2nd quarter worth about $2,395,000. Finally, GTS Securities LLC purchased a new position in shares of Integra Resources during the 2nd quarter worth about $26,000. 26.67% of the stock is owned by hedge funds and other institutional investors.

About Integra Resources

Integra Resources Corp. is a precious metals exploration and development company focused on gold and silver projects in the western United States. The company’s activities include mineral exploration, resource evaluation, project permitting and the advancement of potential mining operations.

Integra’s flagship asset is the DeLamar Project in southwestern Idaho, which includes the historic DeLamar and Florida Mountain mining areas. The district was previously mined for gold and silver, and Integra has worked to assess its remaining mineral resources and evaluate the potential for redevelopment using modern mining and processing methods.

The company has also pursued exploration and development opportunities in Nevada, including the Nevada North Project.