Integra Resources (ITRG) Expected to Announce Quarterly Earnings on Thursday

Integra Resources (NYSEAMERICAN:ITRG) is projected to post its quarterly earnings results before the market opens on Thursday, March 27th. Analysts expect Integra Resources to post earnings of $0.11 per share for the quarter.

Integra Resources Stock Down 2.4 %

ITRG stock opened at $1.22 on Thursday. Integra Resources has a 52 week low of $0.69 and a 52 week high of $1.33. The company has a market capitalization of $205.66 million, a P/E ratio of -3.70 and a beta of 1.37.

Institutional Trading of 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% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 46,697 shares of the company’s stock after buying an additional 35,997 shares during the period. Bank of America Corp DE’s holdings in Integra Resources were worth $41,000 as of its most recent filing with the SEC. 26.67% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, HC Wainwright cut their price target on shares of Integra Resources from $3.75 to $2.00 and set a “buy” rating on the stock in a research note 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.