Is Integra Resources Stock a Good Investment?
Integra Resources Investment Advice | ITRG |
- Examine Integra Resources' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Integra Resources' leadership team and their track record. Good management can help Integra Resources navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Diversified Metals & Mining space and any emerging trends that could impact Integra Resources' business and its evolving consumer preferences.
- Compare Integra Resources' performance and market position to its competitors. Analyze how Integra Resources is positioned in terms of product offerings, innovation, and market share.
- Check if Integra Resources pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Integra Resources' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Integra Resources Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if Integra Resources Corp is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Solid | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Integra Resources Stock
Researching Integra Resources' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 32.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 0.33. Integra Resources Corp last dividend was issued on the 9th of July 2020. The entity had 2:5 split on the 26th of May 2023.
To determine if Integra Resources is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Integra Resources' research are outlined below:
| Integra Resources may become a speculative penny stock | |
| Integra Resources appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (29.02 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| 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. | |
| Latest headline from seekingalpha.com: Integra Resources announces COO appointment |
Integra Resources Quarterly Cash And Short Term Investments |
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Integra Resources uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Integra Resources Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Integra Resources' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 15th of March 2024 Upcoming Quarterly Report | View | |
| 10th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Integra Resources' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Integra Resources' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2022-05-11 | 2022-03-31 | -0.1 | -0.09 | 0.01 | 10 | ||
2024-05-14 | 2024-03-31 | -0.06 | -0.0751 | -0.0151 | 25 | ||
2022-03-30 | 2021-12-31 | -0.13 | -0.15 | -0.02 | 15 | ||
2020-05-15 | 2020-03-31 | -0.05 | -0.07 | -0.02 | 40 | ||
2019-08-27 | 2019-06-30 | -0.14 | -0.12 | 0.02 | 14 | ||
2024-08-14 | 2024-06-30 | -0.05 | -0.0766 | -0.0266 | 53 | ||
2023-03-17 | 2022-12-31 | -0.08 | -0.11 | -0.03 | 37 | ||
2022-11-14 | 2022-09-30 | -0.08 | -0.05 | 0.03 | 37 |
Integra Resources' market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 227.57 M.Market Cap |
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Integra Resources' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.32) | (0.33) | |
| Return On Capital Employed | (0.39) | (0.41) | |
| Return On Assets | (0.32) | (0.33) | |
| Return On Equity | (0.83) | (0.79) |
Determining Integra Resources' profitability involves analyzing its financial statements and using various financial metrics to determine if Integra Resources is a good buy. For example, gross profit margin measures Integra Resources' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Integra Resources' profitability and make more informed investment decisions.
Evaluate Integra Resources' management efficiency
Integra Resources Corp has return on total asset (ROA) of (0.1696) % which means that it has lost $0.1696 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.6344) %, meaning that it created substantial loss on money invested by shareholders. Integra Resources' management efficiency ratios could be used to measure how well Integra Resources manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.33. The current Return On Capital Employed is estimated to decrease to -0.41. At this time, Integra Resources' Non Currrent Assets Other are most likely to increase significantly in the upcoming years. The Integra Resources' current Other Current Assets is estimated to increase to about 1.4 M, while Other Assets are projected to decrease to 0.86.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.10 | 1.05 | |
| Tangible Book Value Per Share | 1.10 | 1.05 | |
| Enterprise Value Over EBITDA | (2.62) | (2.75) | |
| Price Book Value Ratio | 1.31 | 1.37 | |
| Enterprise Value Multiple | (2.62) | (2.75) | |
| Price Fair Value | 1.31 | 1.37 | |
| Enterprise Value | 35.2 M | 36.9 M |
The strategic initiatives led by Integra Resources' management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Beta 1.283 |
Basic technical analysis of Integra Stock
As of the 26th of March, Integra Resources retains the Downside Deviation of 3.03, risk adjusted performance of 0.1578, and Market Risk Adjusted Performance of 1.1. Integra Resources technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Integra Resources Corp information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Integra Resources is priced fairly, providing market reflects its last-minute price of 1.35 per share. Given that Integra Resources Corp is a hitting penny stock territory we urge to closely look at its total risk alpha.Integra Resources' Outstanding Corporate Bonds
Integra Resources issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Integra Resources Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Integra bonds can be classified according to their maturity, which is the date when Integra Resources Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Integra Resources' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Integra Resources' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1578 | |||
| Market Risk Adjusted Performance | 1.1 | |||
| Mean Deviation | 2.88 | |||
| Semi Deviation | 2.49 | |||
| Downside Deviation | 3.03 | |||
| Coefficient Of Variation | 562.35 | |||
| Standard Deviation | 3.64 | |||
| Variance | 13.22 | |||
| Information Ratio | 0.1743 | |||
| Jensen Alpha | 0.6349 | |||
| Total Risk Alpha | 0.6244 | |||
| Sortino Ratio | 0.2093 | |||
| Treynor Ratio | 1.09 | |||
| Maximum Drawdown | 17.65 | |||
| Value At Risk | (4.96) | |||
| Potential Upside | 7.14 | |||
| Downside Variance | 9.17 | |||
| Semi Variance | 6.21 | |||
| Expected Short fall | (3.92) | |||
| Skewness | 0.634 | |||
| Kurtosis | 0.4917 |
| Risk Adjusted Performance | 0.1578 | |||
| Market Risk Adjusted Performance | 1.1 | |||
| Mean Deviation | 2.88 | |||
| Semi Deviation | 2.49 | |||
| Downside Deviation | 3.03 | |||
| Coefficient Of Variation | 562.35 | |||
| Standard Deviation | 3.64 | |||
| Variance | 13.22 | |||
| Information Ratio | 0.1743 | |||
| Jensen Alpha | 0.6349 | |||
| Total Risk Alpha | 0.6244 | |||
| Sortino Ratio | 0.2093 | |||
| Treynor Ratio | 1.09 | |||
| Maximum Drawdown | 17.65 | |||
| Value At Risk | (4.96) | |||
| Potential Upside | 7.14 | |||
| Downside Variance | 9.17 | |||
| Semi Variance | 6.21 | |||
| Expected Short fall | (3.92) | |||
| Skewness | 0.634 | |||
| Kurtosis | 0.4917 |
Consider Integra Resources' intraday indicators
Integra Resources intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Integra Resources stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Integra Resources time-series forecasting models is one of many Integra Resources' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Integra Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Integra Stock media impact
Far too much social signal, news, headlines, and media speculation about Integra Resources that are available to investors today. That information is available publicly through Integra media outlets and privately through word of mouth or via Integra internal channels. However, regardless of the origin, that massive amount of Integra data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Integra Resources news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Integra Resources relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Integra Resources' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Integra Resources alpha.
Integra Resources Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Integra Resources can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Integra Resources Corporate Management
| 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 |
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 closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Diversified Metals & Mining space 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.
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.
In summary, please note that there is a difference between Integra Resources' value and its price, as these two are different measures arrived at by various 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.