Canada's Integra Resources Q4 revenue falls q-o-q

Overview

• Canada gold miner's Q4 revenue fell from Q3, adjusted EPS was $0.09

• Q4 net loss narrowed compared to Q3, driven by non-cash derivative adjustments

Outlook

• Company expects 2026 gold production at Florida Canyon Mine of 70,000-75,000 oz

• Company sees 2026 cash costs at Florida Canyon of $1,900-$2,100/oz and AISC of $2,750-$2,950/oz

Result Drivers

• LINER TEAR IMPACT - Lower Q4 gold production vs Q3 was due to a temporary reduction in solution flow rates from a liner tear

• HIGHER ROYALTIES AND TAXES - Increased average AISC at year end slightly higher than company guidance mainly due to higher royalties from elevated gold prices

Company press release: ID:nCNWTc4T5a

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the diversified mining peer group is "buy"

• Wall Street's median 12-month price target for Integra Resources Corp is C$9.00, about 141.9% above its March 24 closing price of C$3.72

• The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 8 three months ago

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