FY2024 Earnings Forecast for CVE:ITR Issued By HC Wainwright

Integra Resources Corp. (CVE:ITR) – Investment analysts at HC Wainwright raised their FY2024 earnings estimates for shares of Integra Resources in a research report issued on Thursday, October 31st. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings per share of ($0.40) for the year, up from their previous estimate of ($0.50). The consensus estimate for Integra Resources’ current full-year earnings is $0.17 per share. HC Wainwright also issued estimates for Integra Resources’ FY2025 earnings at ($0.43) EPS.

Several other equities analysts have also weighed in on the stock. Raymond James upped their price objective on shares of Integra Resources from C$2.50 to C$2.75 and gave the company an “outperform” rating in a 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 Stock Performance

Shares of Integra Resources stock opened at C$1.49 on Monday. The company has a quick ratio of 1.49, a current ratio of 1.06 and a debt-to-equity ratio of 29.05. Integra Resources has a twelve month low of C$0.86 and a twelve month high of C$1.75. The stock has a market cap of C$131.81 million, a price-to-earnings ratio of -3.04 and a beta of 1.37. The company’s fifty day moving average is C$1.37 and its 200 day moving average is C$1.27.

Integra Resources (CVE:ITR) last posted its earnings results on Wednesday, August 14th. The company reported C($0.10) earnings per share for the quarter, missing analysts’ consensus estimates 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.