What is Cormark’s Forecast for CVE:ITR Q3 Earnings?

Integra Resources Corp. (CVE:ITR) – Equities researchers at Cormark issued their Q3 2024 EPS estimates for Integra Resources in a research note issued to investors on Monday, November 11th. Cormark analyst R. Gray forecasts that the company will post earnings per share of ($0.06) for the quarter. Cormark currently has a “Buy” rating and a $5.00 target price on the stock. The consensus estimate for Integra Resources’ current full-year earnings is $0.17 per share. Cormark also issued estimates for Integra Resources’ Q4 2024 earnings at $0.21 EPS, Q1 2025 earnings at $0.14 EPS, Q2 2025 earnings at $0.14 EPS, Q3 2025 earnings at $0.14 EPS, Q4 2025 earnings at $0.14 EPS, FY2025 earnings at $0.56 EPS, Q1 2026 earnings at $0.14 EPS, Q2 2026 earnings at $0.14 EPS, Q3 2026 earnings at $0.14 EPS and FY2026 earnings at $0.51 EPS.

A number of other equities analysts also recently issued reports on ITR. Raymond James raised their price objective on Integra Resources from C$2.50 to C$2.75 and gave the stock an “outperform” rating in a research report on Tuesday, July 30th. Desjardins upgraded shares of Integra Resources to a “moderate buy” rating in a report on Thursday, October 31st.

Integra Resources Trading Down 1.6 %

ITR opened at C$1.27 on Thursday. The company’s 50 day moving average price is C$1.39 and its two-hundred day moving average price is C$1.29. The firm has a market capitalization of C$112.34 million, a price-to-earnings ratio of -2.61 and a beta of 1.37. Integra Resources has a fifty-two week low of C$0.86 and a fifty-two week high of C$1.75. The company has a debt-to-equity ratio of 29.05, a current ratio of 1.06 and a quick ratio of 1.49.

Integra Resources (CVE:ITR) last released its quarterly earnings data on Wednesday, August 14th. The company reported C($0.10) earnings per share for the quarter, missing the consensus estimate of C($0.05) by C($0.05).

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.