HC Wainwright Predicts Higher Earnings for Integra Resources

Integra Resources Corp. (CVE:ITR) – Equities researchers at HC Wainwright raised their FY2025 earnings per share estimates for shares of Integra Resources in a research report issued on Thursday, March 27th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings of $0.17 per share for the year, up from their prior estimate of ($0.43). The consensus estimate for Integra Resources’ current full-year earnings is $0.17 per share.

Integra Resources Stock Performance

Integra Resources stock opened at C$1.77 on Monday. The company’s 50-day moving average price is C$1.61 and its 200-day moving average price is C$1.44. The company has a quick ratio of 1.49, a current ratio of 0.82 and a debt-to-equity ratio of 35.54. Integra Resources has a twelve month low of C$0.97 and a twelve month high of C$1.96. The company has a market cap of C$209.19 million, a PE ratio of -3.66 and a beta of 1.37.

Insider Activity

In other news, Director George Salamis purchased 24,500 shares of the stock in a transaction that occurred on Friday, January 24th. The stock was purchased at an average price of C$1.40 per share, for a total transaction of C$34,282.85. In the last 90 days, insiders have purchased 38,500 shares of company stock valued at $50,893. 17.78% of the stock is currently owned by insiders.

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.