Integra Resource Stock Price, News & Analysis

Integra Resources (NYSE American: ITRG) held its Annual General Meeting of Shareholders on June 27, 2025, with 57.39% of outstanding shares represented. Shareholders approved key resolutions including setting the board size at eight directors, electing all nominated directors with strong approval ratings above 98%, and appointing BDO Canada LLP as auditors.

The meeting also saw the approval of the company's Amended and Restated Equity Incentive Plan, which maintains a 10% rolling structure and increases reserved issuances to 5,000,000 stock options, 7,000,000 restricted share units, and 4,000,000 deferred share units.

Integra Resources (NYSE:ITRG) has released its 2025 guidance, highlighting plans for its Florida Canyon Mine and development projects. The mine is expected to produce 70,000-75,000 gold ounces in 2025, with cash costs of $1,800-$1,900 per ounce and mine-site AISC of $2,450-$2,550 per ounce.

The company plans significant capital investments, including $48-53M in sustaining capital and $8-10M in growth capital at Florida Canyon. Additionally, $14.5-15.5M will be allocated to advance the DeLamar and Nevada North development projects. The guidance reflects a capital-intensive phase aimed at improving operations and extending mine life at Florida Canyon.

Integra Resources (ITRG) reported strong Q1 2025 results from its Florida Canyon Gold Mine. The company produced 19,323 ounces of gold and sold 19,540 ounces at an average price of $2,888 per ounce. Cash costs were $2,016 per ounce, with mine-site AISC at $2,342 per ounce. The company reported adjusted earnings of $4.4 million ($0.03 per share) and operating cash flow of $16.1 million. Integra's cash position strengthened to $61.1 million with working capital of $63.8 million. The company processed 3.0 million tonnes of ore at 0.23 g/t gold grade. Key developments include the submission of an updated Mine Plan of Operations for DeLamar, planned heap leach pad expansion at Florida Canyon, and appointment of several executives including a new COO, VP of Permitting, and VP of Finance.

Integra Resources (ITRG) has initiated a 10,000-meter drill program at its Florida Canyon Mine in Nevada, marking the first phase of a multi-year growth strategy. The program, budgeted at US$1.5 million, focuses on three key areas: near-surface oxide potential from historical dump material (~2,000m), expanding in-situ resources between existing mine open pits (~5,000m), and testing lateral extensions and in-pit infill drilling (~3,000m).

Florida Canyon has historically produced 2.7 million ounces of gold from over 200 million tonnes of ore since 1986. Current proven and probable reserves stand at 70.4 Mt at 0.35 g/t gold for 785,000 ounces. The drilling program aims to support a mineral resource and reserve update and a revised life-of-mine plan in early 2026, with initial results expected in summer 2025.

Integra Resources (TSXV: ITR; NYSE American: ITRG) has announced its inclusion in the Solactive Global Silver Miners Total Return Index, effective May 1, 2025. The index is primarily tracked by the Global X Silver Miners ETF (NYSE Arca: SIL). CEO George Salamis highlighted this as the company's first index inclusion, marking a significant milestone for Integra as a growing gold and silver producer in the Great Basin of the Western United States.

The inclusion is expected to enhance Integra's capital markets profile, increase trading liquidity, and attract a broader range of institutional and retail investors.

Integra Resources (NYSE: ITRG) reported strong Q1 2025 performance at its Florida Canyon Mine, producing 19,323 ounces of gold and selling 19,540 ounces. The exceptional production was partly attributed to recovering approximately 2,000 ounces of previously unrecovered gold from an electrowinning tank during an efficiency improvement project.

The mine processed 2,963,000 tonnes of total ore, including 1,764kt of crushed ore and 1,199kt of ROM ore. The operation maintained a strip ratio of 0.60, with crushed grade at 0.26 g/t Au and ROM grade at 0.19 g/t Au. The gold recovery rate reached 60.4%.

The company's financial position strengthened with cash and cash equivalents of $61.1 million and working capital of $68.3 million as of March 31, 2025. Full financial results will be released on May 14, 2025.

Integra Resources (TSXV: ITR; NYSE American: ITRG) has submitted an updated Mine Plan of Operations (MPO) to the U.S. Bureau of Land Management for the DeLamar gold-silver project in Idaho, marking the start of federal permitting under NEPA. The company expects the environmental analysis process to take approximately two years.

The updated MPO features an optimized mine plan with a more compact footprint and design modifications to reduce carbon emissions and water usage. The project will undergo Environmental Impact Statement (EIS) evaluation, including public comment periods and agency reviews.

Additionally, Integra appointed U.S. Air Force Lieutenant General (Ret.) Leonard Kosinski as Strategic Board Advisor, bringing over three decades of military and government leadership experience to support federal stakeholder engagement.

The announcement coincides with a March 20, 2025 Executive Order focused on accelerating domestic mineral production through streamlined permitting processes and enhanced federal coordination.

Integra Resources (TSXV: ITR; NYSE American: ITRG) has appointed Sean Deissner as Vice President Finance, reporting to CFO Andrée St-Germain. This strategic hire comes as the company advances its transformation into a growth-focused precious metals producer in the Great Basin.

Deissner, a Chartered Professional Accountant with over 15 years of mining industry experience, previously served at SilverCrest Metals Inc., where he led financial reporting and tax strategy initiatives until its $1.7 billion acquisition by Coeur Mining in early 2025. He also spent seven years at Pan American Silver Corp. as Senior Director of Financial Reporting.

In connection with recent executive appointments, Integra granted 292,066 options at C$1.91 per share and 276,702 restricted share units to new executives on March 27, 2025. These Equity Incentive Awards are subject to vesting provisions and the options will expire in 5 years.

Integra Resources (NYSE: ITRG) has reported its Q4 and full-year 2024 results, marking a transformational year with the acquisition of Florida Canyon Mine on November 8, 2024. The company transitioned from developer to gold producer status, with Florida Canyon producing 10,984 ounces of gold from November 8 to December 31, 2024.

Key financial highlights include:

• Q4 net income of $9.5 million ($0.07 per share)
• Strong cash position of $52.2 million
• Working capital of $64.4 million
• Gold sales of 11,382 ounces at average price of $2,643 per ounce
• Cash costs of $1,884 and AISC of $2,103 per ounce

The company is advancing optimization studies at Florida Canyon and continuing development at its DeLamar and Nevada North projects. DeLamar's feasibility study showed progress with reduced capital expenditure expectations and improved infrastructure efficiency. At Nevada North, a 10-hole drilling program was completed, confirming excellent oxide gold continuity.