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An update from Integra Resources Corp ( (TSE:ITR) ) is now available.
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.
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 mining company focused on the exploration and development of gold and silver projects. The company primarily operates the Florida Canyon Mine in Nevada, which is a key asset in its portfolio. Integra is engaged in expanding its mineral resources and reserves to extend the mine life and enhance the value of its operations.
Average Trading Volume: 682,744
Technical Sentiment Signal: Buy
Current Market Cap: C$760.5M
See more data about ITR stock on TipRanks’ Stock Analysis page.