Integra Resources Hits Q4 Income of US$9.5 Million as Transitions to Gold Producer

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06:28 AM EDT, 03/27/2025 (MT Newswires) -- Integra Resources ( ITRG ) late on Wednesday reported net income for the fourth quarter of US$9.5 million or US$0.07 per share.

Adjusted earnings for the fourth quarter were US$2.3 million, or US$0.02 per share.

Full-year 2024 gold production was a record 72,229 ounces, exceeding previously stated guidance.

On Nov. 8, 2024, the company completed the acquisition of Florida Canyon Gold, the owner of the Florida Canyon Mine in Nevada. The deal transitions Integra from development stage to gold producer.

Gold production from Nov. 8 to Dec. 31, 2024, was 10,984 ounces and gold sold was 11,382 ounces. Cash costs and all-in sustaining costs from Nov. 8 to Dec. 31, 2024, were US$1,884 and US$2,103 per ounce of gold sold, respectively.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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