Integra Resources Corp Stock Today
| ITRG Stock | USD 0.83 0.01 1.22% |
Performance0 of 100
| Odds Of DistressOver 64
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Integra Resources is trading at 0.83 as of the 27th of April 2024. This is a 1.22 percent increase since the beginning of the trading day. The stock's lowest day price was 0.81. Integra Resources has more than 64 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Integra Resources Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of March 2024 and ending today, the 27th of April 2024. Click here to learn more.
Business Domain Materials | IPO Date 9th of July 2020 | Category Basic Materials |
Integra Resources Corp., a mineral resources company, engages in the acquisition, exploration, and development of mineral properties in the Americas. Integra Resources Corp. was incorporated in 1997 and is headquartered in Vancouver, Canada. Integra Resources operates under Other Precious Metals Mining classification in the United States and is traded on AMEX Exchange. The company has 88.46 M outstanding shares of which 274.82 K shares are currently shorted by private and institutional investors with about 1.32 trading days to cover. More on Integra Resources Corp
Moving against Integra Stock
| 0.44 | CF | CF Industries Holdings Earnings Call This Week | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
Financial Report 10th of May 2024
Integra Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Integra Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Integra Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO President | Jason Kosec | |||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Precious Metals (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Diversified Metals & Mining, Other Precious Metals & Mining, Basic Materials, Precious Metals, Materials, Metals & Mining, Other Precious Metals & Mining, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Integra Resources report their recommendations after researching Integra Resources' financial statements, talking to executives and customers, or listening in on Integra Resources' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Integra Resources Corp. The Integra consensus assessment is calculated by taking the average forecast from all of the analysts covering Integra Resources. | ||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Integra Resources' liquidity, profitability, solvency, and operating efficiency, Integra Resources Corp is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in May. Financial strength of Integra Resources Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Integra Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Integra Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Integra Resources' financial leverage. It provides some insight into what part of Integra Resources' total assets is financed by creditors.
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Integra Resources Corp (ITRG) is traded on NYSE MKT Exchange in USA. It is located in 400 Burrard Street, Vancouver, BC, Canada, V6C 3A6 and employs 41 people. Integra Resources is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 72.26 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Integra Resources's market, we take the total number of its shares issued and multiply it by Integra Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Integra Resources Corp conducts business under Metals & Mining sector and is part of Materials industry. The entity has 88.46 M outstanding shares of which 274.82 K shares are currently shorted by private and institutional investors with about 1.32 trading days to cover.
Integra Resources Corp currently holds about 4.25 M in cash with (26.49 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05.
Check Integra Resources Probability Of Bankruptcy
Ownership AllocationIntegra Resources Corp has a total of 88.46 Million outstanding shares. Integra Resources retains significant amount of outstanding shares owned by insiders and institutional investors .Since such a large part of the company is not owned by regular investors, we recommend to check if there were significant buying or selling the Integra Resources Corp stock in recent months. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Integra Ownership Details
Integra Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Integra Resources jumping above the current price in 90 days from now is about 27.04%. The Integra Resources Corp probability density function shows the probability of Integra Resources stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Integra Resources Corp has a beta of -0.8. This usually indicates as returns on the benchmark increase, returns on holding Integra Resources are expected to decrease at a much lower rate. During a bear market, however, Integra Resources Corp is likely to outperform the market. Additionally, integra Resources Corp has an alpha of 0.0369, implying that it can generate a 0.0369 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Integra Resources to move above the current price in 90 days from now is about 27.04 (This Integra Resources Corp probability density function shows the probability of Integra Stock to fall within a particular range of prices over 90 days) .
Integra Resources Historical Income Statement
Integra Resources Corp Income Statement is one of the three primary financial statements used for reporting Integra's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Integra Resources Corp revenue and expense. Integra Resources Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Integra Resources' Selling General Administrative is most likely to increase significantly in the upcoming years. The Integra Resources' current Other Operating Expenses is estimated to increase to about 24.4 M, while EBIT is forecasted to increase to (16.4 M). View More FundamentalsIntegra Stock Against Markets
Picking the right benchmark for Integra Resources stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Integra Resources stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Integra Resources is critical whether you are bullish or bearish towards Integra Resources Corp at a given time. Please also check how Integra Resources' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Integra Resources without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Integra Resources Corporate Management
Elected by the shareholders, the Integra Resources' board of directors comprises two types of representatives: Integra Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Integra. The board's role is to monitor Integra Resources' management team and ensure that shareholders' interests are well served. Integra Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Integra Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mark Stockton | Vice Sustainability | Profile | |
| Jason Banducci | Vice Development | Profile | |
| Andree MBA | Chief Officer | Profile | |
| Timothy PE | Chief Officer | Profile | |
| Raphael Dutaut | Vice Exploration | Profile |
How to buy Integra Stock?
Before investing in Integra Resources, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Integra Resources. To buy Integra Resources stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Integra Resources. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Integra Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Integra Resources Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Integra Resources Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Integra Resources Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Integra Stock please use our How to Invest in Integra Resources guide.
Already Invested in Integra Resources Corp?
The danger of trading Integra Resources Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Integra Resources is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Integra Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Integra Resources Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Integra Resources Corp is a strong investment it is important to analyze Integra Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Integra Resources' future performance. For an informed investment choice regarding Integra Stock, refer to the following important reports: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Integra Resources Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Integra Stock analysis
When running Integra Resources' price analysis, check to measure Integra Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Integra Resources is operating at the current time. Most of Integra Resources' value examination focuses on studying past and present price action to predict the probability of Integra Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Integra Resources' price. Additionally, you may evaluate how the addition of Integra Resources to your portfolios can decrease your overall portfolio volatility.
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Is Integra Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Integra Resources. If investors know Integra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Integra Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.52) | Return On Assets (0.24) | Return On Equity (0.94) |
The market value of Integra Resources Corp is measured differently than its book value, which is the value of Integra that is recorded on the company's balance sheet. Investors also form their own opinion of Integra Resources' value that differs from its market value or its book value, called intrinsic value, which is Integra Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Integra Resources' market value can be influenced by many factors that don't directly affect Integra Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Integra Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Integra Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Integra Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.