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Integra Resources Corp ( (TSE:ITR) ) has issued an update.
Integra Resources Corp reported record gold production of 72,229 ounces in 2024 from the Florida Canyon Mine, marking the highest production in 21 years and demonstrating a strong financial position with a year-end cash balance of $52 million. The company has implemented a gold price protection program for 2025, using put options to secure production margins while maintaining financial flexibility, which could enhance profitability and support further project development.
More about Integra Resources Corp
Integra Resources Corp is a mining company operating in the precious metals industry, primarily focused on gold production. Its principal operating asset is the Florida Canyon Mine located in Nevada, and the company is also advancing the DeLamar and Nevada North Projects.
YTD Price Performance: -4.84%
Average Trading Volume: 155,759
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$198.9M
Find detailed analytics on ITR stock on TipRanks’ Stock Analysis page.
