
ITRG Stock Forecast & Price Target
ITRG Analyst Ratings
Bulls say
Integra Resources is well-positioned for success with their strong portfolio of valuable assets, including the DeLamar and Nevada North projects. Their recent feasibility study for the Florida Canyon mine showed positive results in terms of reserve and resource growth and increased production rates. Despite minor setbacks in higher operating and sustaining capital costs and lower average recovery rates, their DCF model still yields a NAV of $823.9M, or $3.82 per share. With a Buy rating and $6.75 price target, ITRG is a strong investment opportunity with potential for growth in the future.
Bears say
Integra Resources is facing a downward trend in silver production, with a decrease of 9.99% from 2018 to 2020. The company's total ore mined has remained stagnant at 12,000 kt during this time period. This lack of growth in production and ore reserves could negatively impact the company's future profitability and hinder its ability to grow in the long term.
This aggregate rating is based on analysts' research of Integra Resources Corp and is not a guaranteed prediction by Public.com or investment advice.
ITRG Analyst Forecast & Price Prediction
Start investing in ITRG
Order type
Buy in
Order amount
Est. shares
0 shares