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
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
$55.2 mln
Q4 Adjusted EPS
$0.09
Q4 EPS
-$0.03
Q4 Adjusted Net Income
$14.8 mln
Q4 Net Income
-$5.7 mln
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
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)