Q4 Earnings Estimate for Integra Resources Issued By Cormark

Integra Resources Corp. (CVE:ITR) – Equities research analysts at Cormark raised their Q4 2024 EPS estimates for shares of Integra Resources in a note issued to investors on Friday, January 24th. Cormark analyst R. Gray now forecasts that the company will post earnings of $0.30 per share for the quarter, up from their previous estimate of $0.23. Cormark currently has a “Buy” rating and a $5.00 target price on the stock. The consensus estimate for Integra Resources’ current full-year earnings is $0.17 per share.

Separately, Desjardins upgraded Integra Resources to a “moderate buy” rating in a research report on Thursday, October 31st.

Integra Resources Trading Up 6.6 %

Shares of ITR stock opened at C$1.46 on Monday. Integra Resources has a fifty-two week low of C$0.86 and a fifty-two week high of C$1.75. The stock’s fifty day moving average price is C$1.27 and its two-hundred day moving average price is C$1.32. The company has a debt-to-equity ratio of 29.05, a quick ratio of 1.49 and a current ratio of 1.06. The company has a market cap of C$129.15 million, a PE ratio of -2.98 and a beta of 1.37.

Insiders Place Their Bets

In other Integra Resources news, Director George Salamis bought 24,500 shares of Integra Resources stock in a transaction on Friday, January 24th. The shares were purchased at an average cost of C$1.40 per share, with a total value of C$34,282.85. Over the last quarter, insiders have purchased 38,500 shares of company stock valued at $50,893. 17.78% of the stock is currently owned by insiders.

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.