Integra Resources Corp (ITR) AI Stock Analysis

• Market Cap: C$642.21M
• Dividend Yield: N/A
• Average Volume (3M): 679.92K
• Price to Earnings (P/E): 42.4
• Beta (1Y): 1.36
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: 305
• Sector: Basic Materials
• Sector Strength: 61
• Industry: Other Precious Metals
• EPS (TTM): 0.10
• Shares Outstanding: 169,001,790
• 10 Day Avg. Volume: 1,017,710
• 30 Day Avg. Volume: 679,918
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$4.42
• Price Target Upside: 16.32% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3

• Rating: 60 Neutral
• Price Target: ―

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.

Positive Factors

Transition to Gold Producer

Transitioning to a gold producer marks a significant shift in business model, potentially leading to consistent revenue streams and improved market positioning.

Strong Financial Position

A strong cash position and working capital provide financial flexibility to pursue growth opportunities and weather industry fluctuations.

Inclusion in Solactive Index

Inclusion in a major index enhances market visibility and can attract institutional investors, supporting long-term capital access and stock liquidity.

Negative Factors

High Mining Costs

High mining costs can pressure margins and profitability, potentially limiting cash flow and investment in growth initiatives.

Profitability Challenges

Ongoing profitability issues indicate operational inefficiencies, which may hinder long-term financial health and shareholder value.

Fleet Management Challenges

Delays in fleet maintenance can lead to operational disruptions and increased costs, affecting production efficiency and reliability.

Integra Resources Corp Business Overview & Revenue Model

Company Description

Integra Resources Corp., a mineral resources company, engages in the acquisition, exploration, and development of mineral properties in the Americas. It primarily focuses on the development of DeLamar project that consists of DeLamar and Florida Mountain gold and silver deposits comprising 790 unpatented lode, placer, and millsite claims, as well as 16 tax parcels covering an area of approximately 8,673 hectares located in the Owyhee County, south western Idaho. The company was formerly known as Mag Copper Limited and changed its name to Integra Resources Corp. in August 2017. Integra Resources Corp. was incorporated in 1997 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Integra Resources Corp generates revenue through the exploration and potential development of mineral properties. The company's primary revenue streams are derived from the discovery and development of economically viable mineral deposits, which can then be advanced towards production. Significant value is often generated through strategic partnerships, joint ventures, or selling stakes in projects to other mining companies. Additionally, the company may raise capital through equity financing to fund its exploration and development activities. The success of its business model depends heavily on the ability to acquire properties with substantial mineral deposits, manage exploration effectively, and navigate regulatory requirements to eventually bring a property into production.

Integra Resources Corp Financial Statement Overview

Summary

Integra Resources Corp shows early signs of growth with its first revenue generation in 2024. However, profitability remains a challenge due to negative margins and returns. The balance sheet reflects a cautious use of leverage, and cash flow trends indicate improvement, suggesting potential for a turnaround if revenue growth continues.

Income Statement

The company reported revenue for the first time in 2024, indicating potential growth. Gross and net profit margins are negative, pointing to ongoing operational challenges. EBIT and EBITDA margins are also negative, reflecting continued losses. However, the transition to generating revenue is a positive sign for future profitability.

Balance Sheet

The company's debt-to-equity ratio is moderate, suggesting a balanced approach to leverage. The equity ratio indicates a solid equity base relative to total assets. However, the return on equity remains negative due to ongoing losses, highlighting the need for improved profitability.

Cash Flow

The company has shown a significant improvement in free cash flow, moving from negative figures to a substantial reduction in free cash outflows. The operating cash flow to net income ratio is negative due to net losses, but the trend in cash flow improvement is promising.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	148.45M	30.35M	0.00	0.00	0.00	0.00
Gross Profit	46.54M	5.37M	-2.80M	-969.00K	-928.00K	-639.00K
EBITDA	36.01M	-3.82M	-35.11M	-22.37M	-39.00M	-25.28M
Net Income	14.39M	-9.50M	-38.45M	-20.40M	-33.12M	-20.25M
Balance Sheet
Total Assets	257.60M	237.08M	108.64M	61.42M	75.16M	89.07M
Cash, Cash Equivalents and Short-Term Investments	63.26M	52.55M	11.68M	15.92M	14.34M	29.02M
Total Debt	29.85M	25.42M	11.90M	11.30M	1.44M	1.43M
Total Liabilities	114.36M	106.53M	55.21M	40.10M	46.09M	47.31M
Stockholders Equity	143.24M	130.56M	53.43M	21.32M	29.08M	41.76M
Cash Flow
Free Cash Flow	22.58M	-9.43M	-26.46M	-18.33M	-31.81M	―
Operating Cash Flow	34.92M	-9.43M	-26.46M	-18.10M	-30.51M	―
Investing Cash Flow	6.19M	27.33M	-4.19M	-95.09K	-1.29M	960.73K
Financing Cash Flow	10.77M	25.51M	23.47M	19.78M	17.08M	21.53M

Integra Resources Corp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.80
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ITR, the sentiment is Positive. The current price of 3.8 is above the 20-day moving average (MA) of 2.91, above the 50-day MA of 2.41, and above the 200-day MA of 1.93, indicating a bullish trend. The MACD of 0.35 indicates Negative momentum. The RSI at 86.39 is Negative, neither overbought nor oversold. The STOCH value of 96.79 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ITR.

Integra Resources Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.29B	7.21	-0.06%	2.89%	2.87%	-36.73%
ITR	60 Neutral	C$642.21M	42.36	16.08%	―	―	―
ASM	―	$641.40M	37.73	11.47%	―	―	―
GLGDF	―	$612.87M	56.42	3.81%	―	―	―
ABBRF	―	$652.10M	―	-79.33%	―	―	―
GOTRF	―	$356.26M	―	-325.93%	―	―	―
NEWP	―	$350.28M	―	-2.77%	―	―	―

Integra Resources Corp Corporate Events

Integra Resources Joins Solactive Global Silver Miners Index

Integra Resources Corp has been included in the Solactive Global Silver Miners Total Return Index, a significant milestone that enhances its capital markets profile and trading liquidity. This inclusion is expected to attract a broader range of institutional and retail investors, validating Integra’s success as a growing gold and silver producer in the Western United States.

Spark’s Take on TSE:ITR Stock

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

Integra Resources shows strong technical momentum and a positive earnings call outlook, highlighting successful gold production transition and financial stability. However, the negative financial performance, with ongoing profitability challenges, and the valuation concerns due to a negative P/E ratio, limit the overall score. Continued revenue growth and operational improvements will be crucial for future performance.

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

Integra Resources Reports Strong Q1 2025 Gold Production and Financial Growth

Integra Resources Corp announced strong gold production results for the first quarter of 2025 from its Florida Canyon Mine, producing 19,323 ounces and selling 19,540 ounces of gold, which exceeded expectations due to efficiency improvements. The company also reported an increased cash balance of $61 million, highlighting its robust financial position and operational success, which may positively impact its market positioning and stakeholder confidence.

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 strongest factors are the technical analysis, showcasing bullish market momentum, and positive corporate events indicating strategic growth. However, financial performance remains a challenge with negative profitability and valuation concerns due to a negative P/E ratio. The company’s future potential hinges on sustaining revenue growth and improving operational efficiencies.

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

Integra Resources Advances DeLamar Project with Revised Mine Plan and Strategic Appointment

Integra Resources Corp has submitted a revised Mine Plan of Operations for its DeLamar Project to the U.S. Bureau of Land Management, marking a significant step in the federal permitting process under the National Environmental Policy Act. This move aligns with recent federal initiatives to boost domestic mineral production and reflects Integra’s commitment to sustainable mining practices. Additionally, the company has appointed retired U.S. Air Force Lieutenant General Leonard Kosinski as a strategic Board Advisor, leveraging his extensive experience to enhance federal engagement during the permitting process.

Integra Resources Strengthens Leadership with New VP Finance Appointment

Integra Resources Corp has appointed Sean Deissner as Vice President Finance to strengthen its executive leadership team amid its transformation into a growth-focused precious metals producer. Deissner, with over 15 years of experience in the mining industry, brings expertise in financial reporting and corporate finance, having previously contributed to the successful acquisition of SilverCrest Metals Inc. His appointment is part of a broader executive expansion, which includes the granting of equity incentive awards to new executives, reflecting Integra’s strategic focus on growth and operational excellence.

Integra Resources Corp Reports Strong 2024 Results Following Florida Canyon Acquisition

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.

Integra Resources Appoints Clifford Lafleur as COO to Drive Growth

Integra Resources Corp has appointed Clifford Lafleur as Chief Operating Officer, a move that marks a significant milestone in the company’s transformation into a growth-focused precious metals producer. With over 25 years of experience, Lafleur’s expertise in mine development and operations is expected to drive the optimization of the Florida Canyon Mine and advance the development of DeLamar and Nevada North projects. His appointment is seen as crucial for unlocking value, maximizing efficiency, and generating shareholder returns, as Integra strengthens its leadership team to support its strategic growth initiatives.

Integra Resources Strengthens Leadership to Boost Project Development

Integra Resources Corp. has appointed Dale Kerner as Vice President of Permitting, a strategic move to expedite the permitting process for its DeLamar and Nevada North projects. This appointment aligns with Integra’s broader strategy to enhance its executive team and accelerate project development. Additionally, the company updated its 2025 gold price protection program, aiming to secure financial stability and support project advancement. Hiring efforts for a new Chief Operating Officer are underway, with the appointment expected in Q1 2025, which will further guide the company’s operational and cost strategies.