HC Wainwright Issues Optimistic Outlook for CVE:ITR Earnings

Integra Resources Corp. (CVE:ITR) – Investment analysts at HC Wainwright raised their FY2027 earnings per share estimates for Integra Resources in a report issued on Thursday, November 12th. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings of $0.36 per share for the year, up from their prior estimate of $0.35. The consensus estimate for Integra Resources’ current full-year earnings is $0.17 per share.

Separately, Ventum Capital set a C$8.75 price target on Integra Resources and gave the stock a “buy” rating in a research report on Monday, September 21st. One research analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of C$8.75.

Integra Resources Stock Performance

ITR opened at C$2.60 on Friday. Integra Resources has a 52-week low of C$2.60 and a 52-week high of C$6.60. The firm has a market capitalization of C$527.47 million, a PE ratio of 65.00 and a beta of 2.03. The company has a debt-to-equity ratio of 11.70, a quick ratio of 1.49 and a current ratio of 5.31. The business’s 50-day simple moving average is C$3.50 and its 200 day simple moving average is C$3.84.

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. It also holds a portfolio of early-stage exploration projects in Idaho, Nevada, and Arizona.