Integra Resources Corp. (CVE:ITR) Forecasted to Post FY2024 Earnings of ($0.07) Per Share

Integra Resources Corp. (CVE:ITR) – Stock analysts at Raymond James upped their FY2024 EPS estimates for shares of Integra Resources in a research note issued to investors on Monday, September 23rd. Raymond James analyst B. Macarthur now forecasts that the company will post earnings per share of ($0.07) for the year, up from their prior forecast of ($0.10). Raymond James currently has a “Outperform” rating and a $2.75 target price 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.

Integra Resources (CVE:ITR) last posted its quarterly earnings results on Wednesday, August 14th. The company reported C($0.10) EPS for the quarter, missing analysts’ consensus estimates of C($0.05) by C($0.05).

Separately, Desjardins raised their price target on Integra Resources from C$3.75 to C$4.00 and gave the stock a “buy” rating in a research note on Thursday, August 22nd.

Integra Resources Trading Down 3.7 %

Shares of CVE ITR opened at C$1.31 on Thursday. The stock has a market capitalization of C$115.88 million, a P/E ratio of -2.71 and a beta of 1.37. The company has a debt-to-equity ratio of 29.05, a current ratio of 1.06 and a quick ratio of 1.49. The business’s 50 day moving average is C$1.27 and its two-hundred day moving average is C$1.20. Integra Resources has a 1-year low of C$0.86 and a 1-year high of C$1.51.

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.