HC Wainwright Expects Weaker Earnings for Integra Resources

Integra Resources Corp. (NYSEAMERICAN:ITRG) – Stock analysts at HC Wainwright lowered their FY2026 EPS estimates for shares of Integra Resources in a report issued on Friday, July 24th. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings per share of $0.23 for the year, down from their previous estimate of $0.28. HC Wainwright has a “Buy” rating on the stock. The consensus estimate for Integra Resources’ current full-year earnings is $0.31 per share.

Other research analysts also recently issued reports about the company. Zacks Research downgraded Integra Resources from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 16th. Roth Capital set a $5.00 target price on Integra Resources in a research note on Monday. Three analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $7.00.

Integra Resources Stock Down 0.9%

ITRG stock opened at $2.14 on Monday. The company’s 50 day simple moving average is $2.39 and its 200-day simple moving average is $3.05. The firm has a market capitalization of $433.97 million, a PE ratio of 53.51 and a beta of 0.85. Integra Resources has a 12 month low of $1.43 and a 12 month high of $4.87. The company has a debt-to-equity ratio of 0.10, a current ratio of 4.96 and a quick ratio of 3.17.

Hedge Funds Weigh In On Integra Resources

Large investors have recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd acquired a new stake in Integra Resources in the 4th quarter worth about $29,000. Independent Advisor Alliance acquired a new position in shares of Integra Resources during the 4th quarter valued at about $40,000. Hohimer Wealth Management LLC acquired a new position in shares of Integra Resources during the 4th quarter valued at about $40,000. Brookstone Capital Management purchased a new position in shares of Integra Resources during the 4th quarter worth about $41,000. Finally, Cetera Investment Advisers purchased a new position in shares of Integra Resources during the 4th quarter worth about $46,000. 26.67% of the stock is currently owned by hedge funds and other institutional investors.

Integra Resources Company Profile

Integra Resources Corp. is a mineral exploration and development company focused on the acquisition, characterization and advancement of precious metals projects in North America. The company’s flagship asset is the DeLamar Gold-Silver Project in southwestern Idaho, a historic mining district that produced both gold and silver from the late 19th century through the mid-20th century. Integra’s business model emphasizes resource delineation, metallurgical optimization and progression through permitting and engineering phases toward potential production.

Since its incorporation in 2017, Integra Resources has undertaken multiple drilling campaigns and metallurgical studies aimed at upgrading and expanding the known mineral inventory at DeLamar.