Integra Resources (ITRG) to Release Quarterly Earnings on Thursday

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

Integra Resources Stock Up 7.1 %

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

Hedge Funds Weigh In On Integra Resources

A hedge fund recently raised its stake in Integra Resources stock. Bank of America Corp DE increased its holdings in Integra Resources Corp. (NYSEAMERICAN:ITRG) by 336.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 46,697 shares of the company’s stock after buying 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 filing with the SEC. Institutional investors own 26.67% of the company’s stock.

Analysts Set New Price Targets

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

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.