Integra Resources (CVE:ITR) Price Target Raised to C$5.00 at Cormark

Integra Resources (CVE:ITR) had its target price increased by Cormark from C$4.00 to C$5.00 in a report published on Monday, Marketbeat Ratings reports. Cormark currently has a buy rating on the stock. Cormark also issued estimates for Integra Resources’ Q3 2024 earnings at ($0.06) EPS, 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 weighed in on ITR. Desjardins upgraded Integra Resources to a “moderate buy” rating in a report on Thursday, October 31st. Raymond James increased their price objective on Integra Resources from C$2.50 to C$2.75 and gave the stock an “outperform” rating in a report on Tuesday, July 30th.

Integra Resources Stock Down 1.6 %

Shares of CVE ITR opened at C$1.27 on Monday. Integra Resources has a 12-month low of C$0.86 and a 12-month high of C$1.75. 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 stock has a market cap of C$112.34 million, a P/E ratio of -2.61 and a beta of 1.37. The business’s fifty day simple moving average is C$1.39 and its 200-day simple moving average is C$1.29.

Integra Resources (CVE:ITR) last announced its earnings results on Wednesday, August 14th. The company reported C($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C($0.05) by C($0.05). As a group, equities analysts predict that Integra Resources will post 0.1699752 EPS for the current fiscal year.

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.