Integra Resources’ (ITRG) Buy Rating Reiterated at HC Wainwright

HC Wainwright restated their buy rating on shares of Integra Resources (NYSEAMERICAN:ITRG) in a report published on Wednesday,Benzinga reports. The firm currently has a $6.75 price objective on the stock. HC Wainwright also issued estimates for Integra Resources’ FY2026 earnings at $0.30 EPS.

Other analysts also recently issued research reports about the company. Roth Capital set a $5.00 target price on Integra Resources in a research note on Monday, July 27th. Zacks Research cut Integra Resources from a “hold” rating to a “strong sell” rating in a report on Thursday, July 16th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $7.00.

Integra Resources Price Performance

NYSEAMERICAN:ITRG opened at $2.78 on Wednesday. The business’s 50-day simple moving average is $2.35 and its two-hundred day simple moving average is $2.88. Integra Resources has a 52 week low of $1.67 and a 52 week high of $4.87. The stock has a market cap of $563.98 million, a PE ratio of 69.52 and a beta of 0.86. The company has a quick ratio of 3.17, a current ratio of 5.31 and a debt-to-equity ratio of 0.08.

Institutional Trading of Integra Resources

Several hedge funds have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd bought a new position in shares of Integra Resources during the 4th quarter valued at about $29,000. Tacita Capital Inc bought a new stake in shares of Integra Resources in the second quarter worth about $31,000. Independent Advisor Alliance purchased a new stake in shares of Integra Resources in the fourth quarter worth about $40,000. Hohimer Wealth Management LLC purchased a new stake in shares of Integra Resources in the fourth quarter worth about $40,000. Finally, Bank of America Corp DE boosted its stake in Integra Resources by 336.4% during the fourth quarter. Bank of America Corp DE now owns 46,697 shares of the company’s stock valued at $41,000 after buying an additional 35,997 shares during the last quarter. Hedge funds and other institutional investors own 26.67% of the company’s stock.

About Integra Resources

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.