Integra Resources Corp. (ITRG) AI Stock Analysis

NYSE American: ITRGAI research summary: business, growth, valuation, analysts, bull and bear case.

ITRG AI stock analysis summary

AI Research

Integra Resources Corp. (ITRG) is a precious metals exploration and development company advancing gold and silver deposits in Idaho. In FY2025, revenue expanded to $248.0M alongside positive free cash flow of $23.3M, while trailing twelve month operating margin stood at 19.1%. However, the stock has dropped 39.4% year-to-date, trading at a trailing price-to-earnings ratio of 60.8x.

Market cap
$493.0M
Revenue (TTM)
$258.4M
P/E
60.8x
fwd 6.0x
1Y return
-25.5%
S&P 500 16.8%
Avg. target
$6.12
152.1% vs last close

Bull case

  • Revenue increased 717.1% in FY2025 to $248.0M while generating $23.3M in annual free cash flow.
  • The balance sheet is supported by a net cash position of $79.5M and a current ratio of 5.31 as of June 30, 2026.
  • Analyst consensus price target of $6.12 indicates a potential upside of 152.1% over the last closing price of $2.43.

Bear case

  • The stock has dropped 39.4% year-to-date and trades 17.5% below its 200-day moving average.
  • The company's five-year share count increased by 755.6%, indicating substantial past equity dilution.
  • The trailing price-to-earnings ratio of 60.8x sits well above the peer group median of 19.7x.

What Integra Resources does

Integra Resources Corp., based in Vancouver, Canada, focuses on the acquisition, exploration, and development of mineral properties across the Americas. The company's core asset is the DeLamar project, consisting of the DeLamar and Florida Mountain gold and silver deposits situated across roughly 8,673 hectares in Owyhee County, southwestern Idaho. The land package includes 790 unpatented lode, placer, and millsite claims as well as 16 tax parcels. Formed in 1997 as Mag Copper Limited and rebranded in August 2017, the company uses its Vancouver headquarters to manage operations and advance shareholder value via strategic resource exploration.

Growth and profitability

Integra Resources delivered significant top-line expansion in FY2025, generating revenue of $248.0M, up 717.1% from $30.4M in FY2024. Gross margin improved from 17.7% in FY2024 to 30.4% in FY2025, while operating margin turned positive to 26.7% after recording -51.7% in FY2024. Net income improved to -$2.3M in FY2025 compared to -$9.5M in FY2024 and -$19.8M in FY2022, resulting in FY2025 EPS of $0.29. Over the trailing twelve months, revenue reached $258.4M with an operating margin of 19.1% and a net profit margin of 4.1%. In the latest quarter ended June 30, 2026, quarterly revenue increased 15.9% year-over-year, while quarterly earnings declined 1.2%.

ITRG income statement →

Balance sheet and cash flow

As of June 30, 2026, Integra Resources maintained $111.2M in cash and short-term investments against total debt of $31.7M, providing a net cash position of $79.5M. The company shows a current ratio of 5.31 and a low debt-to-equity ratio of 0.12 against shareholders' equity of $270.9M. In FY2025, operations generated $71.3M in operating cash flow and $23.3M in free cash flow. Capital allocation in FY2025 was focused on capital expenditures of $47.9M, while share buybacks totaled $21,349, following a 755.6% increase in share count over five years.

ITRG balance sheet →

Valuation and performance

ITRG trades at a trailing price-to-earnings multiple of 60.8x, which sits above the 19.7x median of its US-listed Basic Materials peers. Conversely, its forward price-to-earnings multiple of 6.0x and enterprise value-to-EBITDA of 9.0x compare to sector medians of 13.4x and 10.5x, respectively. The price-to-sales ratio is 1.9x versus the peer median of 1.8x. Over the past year, Integra shares dropped 25.5%, trailing the S&P 500 return of 16.8%. Over five years, the stock gained 4.3%, compared to an 83.0% gain for the benchmark index.

ITRG key metrics →

What analysts expect

Wall Street coverage includes 1 Strong Buy and 5 Buy ratings, with no Hold or Sell recommendations. The mean price target of $6.12 implies an upside of 152.1% from the last close of $2.43. For the fiscal year ending December 31, 2026, analysts estimate revenue of $305.9M and an EPS of $0.26, reflecting a 6.4% EPS decline. For the next fiscal year, 6 analysts project revenue to grow 24.6% to $381.1M with EPS rising 78.8% to $0.47. The company beat EPS estimates in 1 of the last 4 quarters, and its next earnings date is November 11, 2026.

ITRG forecast and price target →

Key risks and what to watch

  • High volatility is indicated by a beta of 1.70 alongside a 52-week trading range spanning from $1.99 to $4.87.
  • Earnings track record shows inconsistency, with the company beating EPS estimates in only 1 of the past 4 quarters.
  • Quarterly earnings growth slipped 1.2% year-over-year in the latest quarter ending June 30, 2026.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this ITRG AI stock analysis

This page is an AI-written research summary of Integra Resources Corp. (ITRG). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: ITRG income statement, ITRG balance sheet, ITRG key metrics, ITRG analyst forecast, ITRG chart. See the ITRG stock overview for the latest quote and news.

ITRG AI stock analysis FAQ

What is Integra Resources Corp.'s primary operational focus?

Integra Resources Corp. is focused on exploring and developing mineral properties, primarily advancing the DeLamar project in southwestern Idaho across approximately 8,673 hectares containing gold and silver deposits.

Does Integra Resources Corp. pay a dividend?

Integra Resources Corp. does not pay a dividend, as no dividend distribution is reported.

What are analysts forecasting for Integra Resources Corp.'s revenue and earnings?

For FY2026, analysts expect revenue of $305.9M and EPS of $0.26. For the following fiscal year, consensus estimates project revenue to increase 24.6% to $381.1M and EPS to reach $0.47.

How leveraged is Integra Resources Corp.'s balance sheet?

Integra holds a net cash balance of $79.5M as of June 30, 2026, with $111.2M in cash against $31.7M in total debt, yielding a debt-to-equity ratio of 0.12.

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