Integra Resources Corp (ITR) AI Stock Analysis

• Market Cap: C$924.41M
• Dividend Yield: N/A
• Average Volume (3M): 900.37K
• Price to Earnings (P/E): 42.5
• Beta (1Y): 1.85
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: 305
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): 0.14
• Shares Outstanding: 169,305,200
• 10 Day Avg. Volume: 725,510
• 30 Day Avg. Volume: 900,369
• PEG Ratio: 0.10
• Price to Book (P/B): 0.64
• Price to Sales (P/S): 2.74
• P/FCF Ratio: -8.82
• 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$7.17
• Price Target Upside: 32.53% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 71 Outperform
• Price Target: C$6.00 ▲(10.91% Upside)

The score is driven primarily by the strong TTM financial inflection (profitability and positive free cash flow) and a clear upward technical trend. Offsetting these positives, valuation is high (P/E ~46.8) and the financial improvement is relatively recent, making consistency through commodity cycles a key risk; corporate updates add support via project economics and operational momentum.

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	218.34M	30.35M	0.00	0.00	0.00	0.00
Gross Profit	69.75M	5.37M	-2.80M	-969.00K	-928.00K	-639.00K
EBITDA	50.22M	-3.82M	-35.11M	-22.37M	-39.00M	-25.28M
Net Income	13.06M	-9.50M	-38.45M	-20.40M	-33.12M	-20.25M
Balance Sheet
Total Assets	283.43M	237.08M	108.64M	61.42M	75.16M	89.07M
Cash, Cash Equivalents and Short-Term Investments	81.49M	52.55M	11.68M	15.92M	14.34M	29.02M
Total Debt	23.23M	25.42M	11.90M	12.78M	3.00M	3.07M
Total Liabilities	147.84M	106.53M	55.21M	40.10M	46.09M	47.31M
Stockholders Equity	135.59M	130.56M	53.43M	21.32M	29.08M	41.76M
Cash Flow
Free Cash Flow	48.72M	-9.43M	-26.46M	-18.33M	-31.81M	―
Operating Cash Flow	75.96M	-9.43M	-26.46M	-18.10M	-30.51M	―
Investing Cash Flow	-13.62M	27.33M	-4.19M	-95.09K	-1.29M	960.73K
Financing Cash Flow	9.22M	25.51M	23.47M	19.78M	17.08M	21.53M

Integra Resources Corp Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 5.41
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ITR, the sentiment is Neutral. The current price of 5.41 is below the 20-day moving average (MA) of 5.64, above the 50-day MA of 4.86, and above the 200-day MA of 3.23, indicating a neutral trend. The MACD of 0.14 indicates Positive momentum. The RSI at 50.99 is Neutral, neither overbought nor oversold. The STOCH value of 37.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:ITR.

Integra Resources Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ASM	78 Outperform	C$1.35B	39.76	14.35%	―	65.77%	458.38%
GGD	74 Outperform	C$1.17B	45.79	5.38%	―	104.08%	832.86%
ITR	71 Outperform	C$924.41M	42.53	15.43%	―	―	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
VOXR	61 Neutral	C$451.94M	-147.56	-2.13%	0.97%	11.95%	-44.15%
NUAG	60 Neutral	C$937.28M	-192.05	-2.40%	―	―	40.00%

Integra Resources Corp Corporate Events

Integra Resources Unveils Robust Feasibility Study for DeLamar Project

Integra Resources Corp has completed a feasibility study for its DeLamar Gold and Silver Heap Leach Project in Idaho, showcasing improved economics and reduced development risk. Highlights include a robust $774 million after-tax NPV, 46% IRR, and extended mine life to 10 years, yielding 1.1 million ounces of gold equivalent production. The project also boasts excellent community and tribal partnerships, reduced environmental impact through strategic design changes, and significant local job creation. These advancements position Integra as a leading player in the US precious metals industry with strong long-term potential.

The most recent analyst rating on (TSE:ITR) stock is a Buy with a C$5.75 price target. To see the full list of analyst forecasts on Integra Resources Corp stock, see the TSE:ITR Stock Forecast page.

Integra Resources Reports Robust Q3 2025 Gold Production and Financial Gains

Integra Resources Corp announced strong gold production results for the third quarter of 2025 from its Florida Canyon Mine, with 20,653 ounces of gold produced and 20,265 ounces sold, aligning with company expectations. The company’s financial position has strengthened, with a cash balance of approximately $81 million, attributed to effective reinvestment strategies and favorable gold prices. The ongoing enhancements at Florida Canyon, including equipment upgrades and leach pad expansions, are expected to boost productivity and lower costs, positioning Integra for continued growth.

The most recent analyst rating on (TSE:ITR) stock is a Buy with a C$7.00 price target. To see the full list of analyst forecasts on Integra Resources Corp stock, see the TSE:ITR Stock Forecast page.

Integra Resources Highlights ESG Achievements in Latest Sustainability Report

Integra Resources Corp has published its fifth annual Sustainability Report, highlighting a successful transition year marked by the acquisition of the Florida Canyon Mine in Nevada. The report, aligned with international sustainability standards, details the company’s environmental, social, and governance achievements, including zero reportable spills, community contributions, and exemplary health and safety performance. The acquisition of Florida Canyon has enhanced Integra’s operational capacity, supporting strategic growth and reinforcing its commitment to sustainable practices. These efforts underscore Integra’s strategy to integrate strong ESG principles into its operations, aiming to create lasting value for stakeholders.

The most recent analyst rating on (TSE:ITR) stock is a Buy with a C$5.50 price target. To see the full list of analyst forecasts on Integra Resources Corp stock, see the TSE:ITR Stock Forecast page.

Integra Resources Reports Promising Drilling Results at Florida Canyon

Integra Resources Corp has announced promising results from its 2025 growth drilling program at the Florida Canyon Mine in Nevada. The program, which is part of a multi-year strategy, aims to expand mineral resources and reserves, thereby extending the mine’s life. Initial drilling results from historical low-grade waste material and inter-pit areas show significant potential for increasing mineral resources and extending mine life, with estimates indicating a combined potential volume of 34-56 million tonnes of oxide gold. These developments are expected to support a mineral resource and reserve update in the first half of 2026, potentially offering meaningful returns for shareholders.

The most recent analyst rating on (TSE:ITR) stock is a Buy with a C$6.25 price target. To see the full list of analyst forecasts on Integra Resources Corp stock, see the TSE:ITR Stock Forecast page.