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Integra Resources reports Q3 EPS 10c vs. 7c in Q2

Reports Q3 revenue $70.7M, one estimate $38.0M. George Salamis, President, CEO and Director of Integra commented: “We are pleased to report another strong quarter for the Company, supported by excellent production results at Florida Canyon and material advancement at our development stage assets, DeLamar and Nevada North. Florida Canyon continues to deliver on expectations, generating meaningful cash flow to fund crucial reinvestment into the mine, while also supporting the Company’s broader growth strategy. During the quarter, capital was deployed at Florida Canyon in the areas of capitalized stripping, mining equipment enhancements, leach pad expansion, and growth drilling. Excellent production results, combined with a strong gold price environment have allowed Integra to significantly increase its quarter-over-quarter cash balance to ~$81 million, marking the strongest financial position in the Company’s history. During the quarter, the Company also achieved several key milestones at DeLamar with the acceptance of the Mine Plan of Operations and the signing of a historical Relationship Agreement with the Shoshone-Paiute.”

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