Raymond James Comments on Integra Resources FY2025 Earnings

Integra Resources Corp. (NYSEAMERICAN:ITRG) – Raymond James dropped their FY2025 EPS estimates for Integra Resources in a report released on Thursday, January 23rd. Raymond James analyst B. Macarthur now forecasts that the company will post earnings of $0.12 per share for the year, down from their previous forecast of $0.13. The consensus estimate for Integra Resources’ current full-year earnings is ($0.21) per share.

Other equities analysts also recently issued reports about the stock. Desjardins raised shares of 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 report on Monday, November 11th. Finally, HC Wainwright dropped their target price on shares of Integra Resources from $3.75 to $2.00 and set a “buy” rating on the stock in a research report on Wednesday, January 15th.

Integra Resources Price Performance

Shares of ITRG opened at $0.95 on Friday. Integra Resources has a 52 week low of $0.64 and a 52 week high of $1.28. The company has a market cap of $160.14 million, a price-to-earnings ratio of -2.88 and a beta of 1.35.

Hedge Funds Weigh In On Integra Resources

An institutional investor recently raised its position in Integra Resources stock. Renaissance Technologies LLC raised its position in shares of Integra Resources Corp. (NYSEAMERICAN:ITRG) by 106.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 309,989 shares of the company’s stock after purchasing an additional 159,709 shares during the period. Renaissance Technologies LLC owned 0.35% of Integra Resources worth $286,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 26.67% of the company’s stock.

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.