Integra Resources Corp banner

Integra Resources Corp
XTSX:ITR

Watchlist Manager
Integra Resources Corp Logo
Integra Resources Corp
XTSX:ITR
Watchlist
Price: 3.5 CAD -6.42% Market Closed
Market Cap: CA$591.8m

Integra Resources Corp
Investor Relations

Integra Resources Corp. operates as a mineral resources company. The company is headquartered in Vancouver, British Columbia and currently employs 48 full-time employees. The company went IPO on 2005-07-26. The primary focus of the Company is advancement of its DeLamar gold and silver project, consisting of the DeLamar Deposit and Florida Mountain Deposit in the Owyhee County mining district in south western Idaho. The DeLamar project consists of approximately 748 unpatented lodes, placer, and mill site claims, and over 16 tax parcels comprised of patented mining claims, as well as leasehold and easement interests, that cover approximately 8,100 hectares in southwestern Idaho, and 80 kilometers (Km) southwest of Boise. The firm has optioned War Eagle project from Nevada Select, a wholly owned subsidiary of Ely Gold Royalties, Inc. The company also has interest in a highly prospective trend of multiple epithermal centers six kilometers to the northwest of the DeLamar Project, a trend referred to as the BlackSheep District.

Show more
Loading
ITR
S&P TSX Composite Index (Canada)
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Mar 25, 2026
AI Summary
Q4 2025

Production: Florida Canyon produced 70,927 ounces of gold in 2025 (Q4: 12,864 oz), meeting annual guidance of 70,000–75,000 oz.

Financials: Full-year 2025 revenue was $243.9 million with operating cash flow of $72.3 million and adjusted earnings of $47.3 million ($0.28/share); cash balance $63.1 million.

Costs: Full-year cash cost was $1,937/oz and mine site AISC was $2,693/oz (Q4: $2,036 cash cost; $3,371 AISC). 2026 guidance: cash cost $1,900–$2,100/oz and AISC $2,750–$2,950/oz.

Capital & Investment: Integra invested $52.4 million at Florida Canyon in 2025; 2026 sustaining capex guidance is $62–$68 million and growth capex $7.5–$9.5 million.

DeLamar milestone: Feasibility study shows 1.1 million AuEq production over a 10-year mine life, initial capex $389 million, after‑tax NPV ~$774 million and IRR 46% (base prices).

Permitting & Relationships: DeLamar received an accelerated 15‑month FAST‑41 NEPA timeline and a historic relationship agreement with the Shoshone‑Paiute Tribes.

Operations outlook: Florida Canyon life‑of‑mine update targeted mid‑2026 with a path to ~80,000–90,000 oz/year in 2027–2028 driven by strip and fleet investments.

Balance sheet & liquidity: Convertible loan of $15 million converted in Dec 2025; company is debt‑free except for mobile equipment leases; working capital $92.9 million.

Key Financials
Gold production (2025, Florida Canyon)
70,927 oz
Gold production (Q4 2025)
12,864 oz
Average realized gold price (2025)
$3,411/oz
Average realized gold price (Q4 2025)
$4,229/oz
Revenue (full year 2025)
$243.9 million
Revenue (Q4 2025)
$55.2 million
Operating cash flow (Florida Canyon, 2025)
$72.3 million
Adjusted earnings (full year 2025)
$47.3 million
Cash balance (end of 2025)
$63.1 million
Working capital (end of 2025)
$92.9 million
Cost of sales (Q4 2025)
$29.9 million
Mine operating earnings (Q4 2025)
$25.3 million
Cost of sales (full year 2025)
$149.4 million
Mine operating earnings (full year 2025)
$94.5 million
Cash cost per oz (full year 2025)
$1,937/oz
Cash cost per oz (Q4 2025)
$2,036/oz
Mine site AISC per oz (full year 2025)
$2,693/oz
Mine site AISC per oz (Q4 2025)
$3,371/oz
Sustaining and growth capital deployed (full year 2025, Florida Canyon)
$52.4 million
Sustaining capital (Q4 2025)
$16.9 million
2026 planned mining (Florida Canyon)
13.9M tonnes ore; 19.3M tonnes waste; total 33.2M tonnes; strip ratio 1.39
2026 production guidance (Florida Canyon)
70,000 to 75,000 oz
2026 sustaining capital guidance (Florida Canyon)
$62 million to $68 million
2026 growth capital guidance (Florida Canyon)
$7.5 million to $9.5 million
Infill & development drilling (2026)
31,000 meters (RC)
2025 exploration meters completed (Florida Canyon)
Approximately 16,000 meters
DeLamar FS: total production
1.1 million gold equivalent ounces (over 10-year operating life + 2 years residual leaching)
DeLamar FS: co-product mine site AISC
$1,480 per gold equivalent ounce
DeLamar FS: initial capital cost
$389 million (including $38 million of owners' costs)
DeLamar FS: life of mine sustaining capital
$305 million
DeLamar FS: after-tax NPV and IRR (base case prices)
NPV ~$774 million; IRR 46% (assumes $3,000/oz Au and $35/oz Ag)
Convertible loan conversion
$15 million converted (December 2025)
Recovery sensitivity to gold price
$100/oz change in gold price impacts cash cost and mine site AISC by approximately $7/oz
Other Earnings Calls

Management

Mr. George Gregory Salamis B.Sc., BSc. Geology, M.Sc.
Executive Chair of the Board of Directors
No Bio Available
Mr. Jason Kosec
President, CEO & Director
No Bio Available
Ms. Andree St-Germain MBA
Chief Financial Officer
No Bio Available
Mr. Jason Banducci
Vice President of Corporate Development & Investor Relations
No Bio Available
Mr. Mark Stockton
Vice President of External Affairs & Sustainability
No Bio Available
Mr. Raphael Victor Dutaut
Vice President of Geology & Mining
No Bio Available
Leanne Nakashimada
Corporate Secretary
No Bio Available

Contacts

Address
BRITISH COLUMBIA
Vancouver
1050 - 400 Burrard Street
Contacts
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett