Desjardins Expects Increased Earnings for Integra Resources

Integra Resources Corp. (CVE:ITR) – Analysts at Desjardins increased their FY2025 earnings per share (EPS) estimates for Integra Resources in a research note issued on Thursday, June 26th. Desjardins analyst A. Carson now forecasts that the company will earn $0.11 per share for the year, up from their prior estimate of $0.07. The consensus estimate for Integra Resources’ current full-year earnings is $0.17 per share.

ITR has been the topic of a number of other reports. Raymond James Financial upped their price target on Integra Resources from C$3.25 to C$3.75 in a research report on Friday, April 4th. Stifel Nicolaus boosted their price objective on shares of Integra Resources from C$4.00 to C$4.50 in a report on Monday, April 21st.

Integra Resources Stock Performance

Shares of ITR stock opened at C$2.03 on Monday. The business’s fifty day simple moving average is C$2.27 and its 200-day simple moving average is C$1.81. The company has a market cap of C$239.92 million, a PE ratio of -4.20 and a beta of 1.37. The company has a current ratio of 0.82, a quick ratio of 1.49 and a debt-to-equity ratio of 35.54. Integra Resources has a 12-month low of C$1.10 and a 12-month high of C$2.68.

Insider Activity

In related news, Senior Officer Dale Kerner acquired 34,720 shares of the company’s stock in a transaction dated Friday, June 27th. The shares were purchased at an average cost of C$1.96 per share, with a total value of C$67,995.65. Corporate insiders own 17.78% of the company’s stock.

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.