TSXV:ITRMetals and Mining
Integra Resources (TSXV:ITR) Stock Generates Cash As Cost Pressure Builds
Integra Resources came into this earnings print on a roll, with the stock up about 21% over the past month and 12% over the past week, well ahead of many precious metals peers. The latest quarter did not deliver a flashy headline surprise, yet the core story is clear. The operating gold mine is generating cash and helping fund the growth pipeline.
The headline for this quarter is simple. Gold revenue of US$70.8m and mine operating earnings of US$23.4m produced a 33% mine margin, enough to...