Stifel Canada Estimates Integra Resources FY2024 Earnings

Integra Resources Corp. (NYSEAMERICAN:ITRG) – Stifel Canada issued their FY2024 earnings estimates for Integra Resources in a research report issued to clients and investors on Tuesday, December 17th. Stifel Canada analyst I. Rico expects that the company will earn ($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.

Other equities research analysts have also issued reports about the company. Desjardins raised Integra Resources to a “moderate buy” rating in a research report on Thursday, October 31st. HC Wainwright reaffirmed a “buy” rating and issued a $3.75 price objective on shares of Integra Resources in a report on Thursday, October 31st. Finally, Cormark raised shares of Integra Resources to a “moderate buy” rating in a research note on Monday, November 11th.

Integra Resources Stock Performance

Shares of Integra Resources stock opened at $0.90 on Friday. The company has a market cap of $151.76 million, a PE ratio of -2.73 and a beta of 1.35. Integra Resources has a twelve month low of $0.64 and a twelve month high of $1.28.

Hedge Funds Weigh In On Integra Resources

A hedge fund recently raised its stake in Integra Resources stock. Renaissance Technologies LLC raised its position in shares of Integra Resources Corp. (NYSEAMERICAN:ITRG) by 106.3% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 309,989 shares of the company’s stock after purchasing an additional 159,709 shares during the quarter. Renaissance Technologies LLC owned about 0.35% of Integra Resources worth $286,000 as of its most recent SEC filing. 26.67% of the stock is 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.