Stifel Canada Estimates Integra Resources FY2024 Earnings

Integra Resources Corp. (NYSEAMERICAN:ITRG) – Research analysts at Stifel Canada issued their FY2024 earnings per share estimates for Integra Resources in a note issued to investors on Tuesday, December 17th. Stifel Canada analyst I. Rico forecasts that the company will post earnings of ($0.14) per share for the year. The consensus estimate for Integra Resources’ current full-year earnings is ($0.16) per share. Stifel Canada also issued estimates for Integra Resources’ FY2025 earnings at $0.17 EPS, FY2026 earnings at $0.02 EPS and FY2027 earnings at $0.00 EPS.

Several other research analysts have also commented on ITRG. Desjardins raised Integra Resources to a “moderate buy” rating in a report on Thursday, October 31st. Cormark raised shares of Integra Resources to a “moderate buy” rating in a research note on Monday, November 11th. Finally, HC Wainwright restated a “buy” rating and set a $3.75 price objective on shares of Integra Resources in a research report on Thursday, October 31st.

Integra Resources Stock Up 2.2 %

Shares of NYSEAMERICAN:ITRG opened at $0.90 on Friday. The firm has a market capitalization of $151.76 million, a price-to-earnings ratio of -2.73 and a beta of 1.35. Integra Resources has a one year low of $0.64 and a one year high of $1.28.

Institutional Investors Weigh In On Integra Resources

An institutional investor recently bought a new position in Integra Resources stock. The Manufacturers Life Insurance Company acquired a new position in Integra Resources Corp. (NYSEAMERICAN:ITRG) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,217,846 shares of the company’s stock, valued at approximately $1,189,000. The Manufacturers Life Insurance Company owned 1.38% of Integra Resources at the end of the most recent reporting period. 26.67% of the stock is currently owned by hedge funds and other institutional investors.

Integra Resources Company Profile

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.