Integra Resources Corp. to Post FY2024 Earnings of ($0.07) Per Share, Raymond James Forecasts (CVE:ITR)

Integra Resources Corp. (CVE:ITR) – Raymond James increased their FY2024 earnings per share estimates for shares of Integra Resources in a report issued on Monday, September 23rd. Raymond James analyst B. Macarthur now forecasts that the company will post earnings of ($0.07) per share for the year, up from their previous forecast of ($0.10). Raymond James has a “Outperform” rating and a $2.75 price target on the stock. The consensus estimate for Integra Resources’ current full-year earnings is $0.03 per share. Raymond James also issued estimates for Integra Resources’ Q1 2025 earnings at $0.04 EPS, Q2 2025 earnings at $0.04 EPS, Q3 2025 earnings at $0.04 EPS, Q4 2025 earnings at $0.04 EPS and FY2025 earnings at $0.17 EPS.

Separately, Desjardins lifted their price target on shares of Integra Resources from C$3.75 to C$4.00 and gave the company a “buy” rating in a research report on Thursday, August 22nd.

Integra Resources Stock Performance

CVE:ITR opened at C$1.31 on Thursday. The firm’s fifty day simple moving average is C$1.27 and its 200-day simple moving average is C$1.20. The company has a quick ratio of 1.49, a current ratio of 1.06 and a debt-to-equity ratio of 29.05. The stock has a market cap of C$115.88 million, a PE ratio of -2.71 and a beta of 1.37. Integra Resources has a fifty-two week low of C$0.86 and a fifty-two week high of C$1.51.

Integra Resources (CVE:ITR) last released its quarterly earnings data on Wednesday, August 14th. The company reported C($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.05) by C($0.05).

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.