What is Cormark’s Estimate for CVE:ITR Q3 Earnings?

Integra Resources Corp. (CVE:ITR) – Cormark issued their Q3 2024 EPS estimates for Integra Resources in a research report issued on Monday, November 11th. Cormark analyst R. Gray anticipates that the company will earn ($0.06) per share for the quarter. Cormark has a “Buy” rating and a $5.00 price target on the stock. The consensus estimate for Integra Resources’ current full-year earnings is $0.17 per share. Cormark also issued estimates for Integra Resources’ Q4 2024 earnings at $0.21 EPS, Q1 2025 earnings at $0.14 EPS, Q2 2025 earnings at $0.14 EPS, Q3 2025 earnings at $0.14 EPS, Q4 2025 earnings at $0.14 EPS, FY2025 earnings at $0.56 EPS, Q1 2026 earnings at $0.14 EPS, Q2 2026 earnings at $0.14 EPS, Q3 2026 earnings at $0.14 EPS and FY2026 earnings at $0.51 EPS.

A number of other research analysts have also recently commented on ITR. Raymond James upped their price target on Integra Resources from C$2.50 to C$2.75 and gave the company an “outperform” rating in a research report on Tuesday, July 30th. Desjardins upgraded shares of Integra Resources to a “moderate buy” rating in a research report on Thursday, October 31st.

Integra Resources Price Performance

Integra Resources stock opened at C$1.27 on Thursday. The company has a current ratio of 1.06, a quick ratio of 1.49 and a debt-to-equity ratio of 29.05. The business’s 50 day simple moving average is C$1.39 and its 200 day simple moving average is C$1.29. Integra Resources has a 12 month low of C$0.86 and a 12 month high of C$1.75. The company has a market cap of C$112.34 million, a price-to-earnings ratio of -2.61 and a beta of 1.37.

Integra Resources (CVE:ITR) last issued its quarterly earnings results on Wednesday, August 14th. The company reported C($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.05) by C($0.05).

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.