Integra Resources Unveils Robust DeLamar Feasibility Study and Retires Beedie Convertible Facility

Integra Resources Corp ( (TSE:ITR) ) has issued an announcement.

In a material change report covering events on December 17 and December 22, 2025, Integra Resources Corp. detailed key developments at its flagship DeLamar Project in Idaho and its balance sheet. On December 17, the company released feasibility study results confirming robust economics for a low-cost, large-scale open pit heap leach mine at DeLamar, projecting 1.1 million ounces of gold-equivalent production over a 10-year mine life, average annual output of 106,000 gold-equivalent ounces, and a co-product mine-site all-in sustaining cost of $1,480 per ounce. Using base case prices of $3,000/oz gold and $35/oz silver, the study indicates an after-tax NPV (5%) of about $774 million, a 46% after-tax IRR and a 1.8-year payback on initial capital of roughly $389 million, underscoring the project’s potential to become a significant low-cost producer. On December 22, Integra reported the full conversion and repayment of its convertible debenture facility with Beedie Investments Ltd., a move that simplifies its capital structure and may improve financial flexibility as it advances DeLamar toward development.

The most recent analyst rating on (TSE:ITR) stock is a Buy with a C$8.00 price target. To see the full list of analyst forecasts on Integra Resources Corp stock, see the TSE:ITR Stock Forecast page.

Spark’s Take on TSE:ITR Stock

According to Spark, TipRanks’ AI Analyst, TSE:ITR is a Neutral.

Integra Resources Corp’s stock score reflects a mixed outlook. The transition to revenue generation and strong technical momentum are positive signs, but ongoing profitability challenges and high costs weigh on the financial performance. Valuation concerns due to a negative P/E ratio also affect the score. Positive corporate events and a generally favorable earnings call outlook help maintain a balanced perspective, highlighting the need for continued operational improvements to unlock value.

To see Spark’s full report on TSE:ITR stock, click here.

More about Integra Resources Corp

Integra Resources Corp. is a Canada-based mineral exploration and development company focused on advancing its wholly owned DeLamar gold and silver project in southwestern Idaho. The DeLamar Project, comprising the DeLamar and Florida Mountain deposits in the historic Carson mining district, is being advanced as a large-scale, open-pit oxide heap leach operation targeting gold and silver production for the North American market.

Average Trading Volume: 492,729

Technical Sentiment Signal: Buy

Current Market Cap: C$1.01B

See more data about ITR stock on TipRanks’ Stock Analysis page.