HC Wainwright Predicts Lower Earnings for Integra Resources

Integra Resources Corp. (NYSEAMERICAN:ITRG) – HC Wainwright reduced their FY2026 earnings per share (EPS) estimates for Integra Resources in a note issued to investors on Friday, October 23rd. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings per share of $0.19 for the year, down from their prior forecast of $0.30. HC Wainwright has a “Buy” rating and a $6.50 price objective on the stock. The consensus estimate for Integra Resources’ current full-year earnings is $0.25 per share.

Other research analysts have also recently issued reports about the company. Zacks Research raised Integra Resources from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 25th. Roth Capital set a $5.00 price target on Integra Resources in a research note on Monday, July 27th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Integra Resources has an average rating of “Moderate Buy” and a consensus price target of $6.92.

Integra Resources Stock Performance

NYSEAMERICAN:ITRG opened at $2.21 on Monday. The company has a current ratio of 5.31, a quick ratio of 3.42 and a debt-to-equity ratio of 0.08. Integra Resources has a 12-month low of $1.99 and a 12-month high of $4.87. The stock has a 50-day moving average price of $2.66 and a 200 day moving average price of $2.91. The stock has a market capitalization of $448.36 million, a P/E ratio of 55.26 and a beta of 0.86.

Integra Resources (NYSEAMERICAN:ITRG) last announced its quarterly earnings data on Tuesday, August 11th. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.01). The business had revenue of $69.42 million during the quarter, compared to analysts’ expectations of $82.69 million. Integra Resources had a net margin of 4.14% and a return on equity of 26.86%.

Institutional Trading of Integra Resources

Several hedge funds have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd purchased a new position in shares of Integra Resources during the fourth quarter valued at about $29,000. GTS Securities LLC bought a new stake in shares of Integra Resources in the second quarter worth about $26,000. Tacita Capital Inc purchased a new stake in shares of Integra Resources in the second quarter worth about $31,000. Castleview Partners LLC lifted its position in shares of Integra Resources by 23.1% in the third quarter. Castleview Partners LLC now owns 32,000 shares of the company’s stock worth $82,000 after buying an additional 6,000 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Integra Resources in the first quarter worth about $124,000. Hedge funds and other institutional investors own 26.67% of the company’s stock.

About Integra Resources

Integra Resources Corp. is a precious metals exploration and development company focused on gold and silver projects in the western United States. The company’s activities include mineral exploration, resource evaluation, project permitting and the advancement of potential mining operations.

Integra’s flagship asset is the DeLamar Project in southwestern Idaho, which includes the historic DeLamar and Florida Mountain mining areas. The district was previously mined for gold and silver, and Integra has worked to assess its remaining mineral resources and evaluate the potential for redevelopment using modern mining and processing methods.

The company has also pursued exploration and development opportunities in Nevada, including the Nevada North Project.