Q3 2024 Earnings Estimate for Integra Resources Corp. (CVE:ITR) Issued By Raymond James

Integra Resources Corp. (CVE:ITR) – Analysts at Raymond James decreased their Q3 2024 earnings per share estimates for Integra Resources in a report issued on Wednesday, August 21st. Raymond James analyst B. Macarthur now forecasts that the company will earn ($0.05) per share for the quarter, down from their previous forecast of ($0.04). Raymond James currently has a “Outperform” rating and a $2.75 target price on the stock. The consensus estimate for Integra Resources’ current full-year earnings is ($0.15) per share. Raymond James also issued estimates for Integra Resources’ FY2024 earnings at ($0.10) EPS, Q1 2025 earnings at $0.00 EPS and FY2025 earnings at $0.03 EPS.

Several other brokerages also recently commented on ITR. Desjardins upped their target price on shares of Integra Resources from C$3.75 to C$4.00 and gave the company a “buy” rating in a research note on Thursday, August 22nd. Ventum Financial decreased their price target on shares of Integra Resources from C$3.05 to C$3.00 in a report on Tuesday, May 28th.

Integra Resources Stock Up 1.9 %

CVE:ITR opened at C$1.32 on Monday. The stock’s fifty day simple moving average is C$1.28 and its 200-day simple moving average is C$1.16. The firm has a market capitalization of C$117.04 million, a P/E ratio of -2.74 and a beta of 1.36. The company has a quick ratio of 1.49, a current ratio of 1.48 and a debt-to-equity ratio of 24.47. Integra Resources has a 12-month low of C$0.86 and a 12-month high of C$1.51.

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.