Integra Resources (ITRG) to Release Earnings on Thursday

Integra Resources (NYSEAMERICAN:ITRG) is projected to issue its quarterly earnings data before the market opens on Thursday, March 27th. Analysts expect the company to announce earnings of $0.11 per share for the quarter.

Integra Resources Stock Up 7.1 %

Integra Resources stock opened at $1.35 on Wednesday. The firm has a market cap of $227.57 million, a PE ratio of -4.09 and a beta of 1.37. Integra Resources has a 52-week low of $0.69 and a 52-week high of $1.35.

Analysts Set New Price Targets

Separately, HC Wainwright lowered their target price on shares of Integra Resources from $3.75 to $2.00 and set a “buy” rating for the company in a research note on Wednesday, January 15th.

Institutional Investors Weigh In On Integra Resources

A hedge fund recently raised its stake in Integra Resources stock. Bank of America Corp DE lifted its stake in Integra Resources Corp. (NYSEAMERICAN:ITRG) by 336.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 46,697 shares of the company’s stock after purchasing an additional 35,997 shares during the period. Bank of America Corp DE’s holdings in Integra Resources were worth $41,000 as of its most recent SEC filing. 26.67% of the stock is owned by institutional investors.

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.