Integra Resources Corp Reports Strong 2024 Results Following Florida Canyon Acquisition

The latest update is out from Integra Resources Corp ( (TSE:ITR) ).

Integra Resources Corp reported strong financial and operating results for the fourth quarter and full year 2024, highlighted by its transition to a gold producer following the acquisition of Florida Canyon Gold Inc. The company produced a record 72,229 ounces of gold for the year, surpassing its production guidance, and reported a net income of $9.5 million for the fourth quarter. Integra’s financial position was bolstered with a cash balance of $52.2 million and working capital of $64.4 million as of December 31, 2024. The company aims to focus on optimizing operations at Florida Canyon and advancing its key development projects in 2025.

More about Integra Resources Corp

Integra Resources Corp is a company operating in the mining industry, primarily focused on gold production. The company transitioned from a development stage to a gold producer with the acquisition of Florida Canyon Gold Inc., which operates the Florida Canyon Mine in Nevada.

YTD Price Performance: 54.03%

Average Trading Volume: 326,655

Technical Sentiment Signal: Hold

Current Market Cap: C$322M

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