HC Wainwright Issues Optimistic Outlook for CVE:ITR Earnings

Integra Resources Corp. (CVE:ITR) – Analysts at HC Wainwright raised their FY2026 earnings estimates for Integra Resources in a note issued to investors on Wednesday, January 28th. HC Wainwright analyst H. Ihle now forecasts that the company will earn $0.94 per share for the year, up from their prior forecast of $0.53. The consensus estimate for Integra Resources’ current full-year earnings is $0.17 per share.

A number of other research firms also recently issued reports on ITR. Stifel Nicolaus increased their price objective on shares of Integra Resources from C$7.00 to C$8.00 and gave the company a “buy” rating in a research note on Monday, December 22nd. Raymond James Financial upped their target price on Integra Resources from C$4.25 to C$5.50 in a report on Friday, October 10th. Roth Mkm raised Integra Resources to a “strong-buy” rating in a research report on Monday, December 8th. Finally, Canaccord Genuity Group set a C$9.25 price target on Integra Resources and gave the company a “moderate buy” rating in a report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the stock. According to MarketBeat.com, Integra Resources has an average rating of “Buy” and an average price target of C$7.58.

Integra Resources Trading Down 6.4%

CVE ITR opened at C$5.71 on Friday. The company has a debt-to-equity ratio of 35.54, a quick ratio of 1.49 and a current ratio of 0.82. The company has a market capitalization of C$1.04 billion, a price-to-earnings ratio of 38.07 and a beta of 1.52. The company’s 50-day simple moving average is C$5.54 and its two-hundred day simple moving average is C$4.14. Integra Resources has a one year low of C$1.48 and a one year high of C$6.60.

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