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Integra Resources

TSXV:ITR
Snowflake Description

Imperfect balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ITR
TSXV
CA$66M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Integra Resources Corp., a development stage company, engages in the acquisition, exploration, and development of mineral properties in the Americas. The last earnings update was 117 days ago. More info.


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  • Integra Resources has significant price volatility in the past 3 months.
ITR Share Price and Events
7 Day Returns
1.2%
TSXV:ITR
0.1%
CA Metals and Mining
0.7%
CA Market
1 Year Returns
-19%
TSXV:ITR
-7.9%
CA Metals and Mining
-0.1%
CA Market
ITR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Integra Resources (ITR) 1.2% -1.2% 18.1% -19% 4150% -
CA Metals and Mining 0.1% 1.5% 10.1% -7.9% 5.7% -23.5%
CA Market 0.7% 1.6% 11.5% -0.1% 15.4% 5%
1 Year Return vs Industry and Market
  • ITR underperformed the Metals and Mining industry which returned -7.9% over the past year.
  • ITR underperformed the Market in Canada which returned -0.1% over the past year.
Price Volatility
ITR
Industry
5yr Volatility vs Market

ITR Value

 Is Integra Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Integra Resources. This is due to cash flow or dividend data being unavailable. The share price is CA$0.85.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Integra Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Integra Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:ITR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$-0.32
TSXV:ITR Share Price ** TSXV (2019-03-18) in CAD CA$0.85
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.41x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.84x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Integra Resources.

TSXV:ITR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:ITR Share Price ÷ EPS (both in CAD)

= 0.85 ÷ -0.32

-2.69x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Integra Resources is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Integra Resources is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Integra Resources's expected growth come at a high price?
Raw Data
TSXV:ITR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.69x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.69x
Canada Market PEG Ratio Median Figure of 251 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Integra Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Integra Resources's assets?
Raw Data
TSXV:ITR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$0.30
TSXV:ITR Share Price * TSXV (2019-03-18) in CAD CA$0.85
Canada Metals and Mining Industry PB Ratio Median Figure of 1,081 Publicly-Listed Metals and Mining Companies 1.45x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.57x
TSXV:ITR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:ITR Share Price ÷ Book Value per Share (both in CAD)

= 0.85 ÷ 0.30

2.88x

* Primary Listing of Integra Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Integra Resources is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Integra Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Integra Resources has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ITR Future Performance

 How is Integra Resources expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Integra Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
33.7%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Integra Resources expected to grow at an attractive rate?
  • Unable to compare Integra Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Integra Resources's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Integra Resources's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:ITR Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.7%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:ITR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:ITR Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31
2022-12-31
2019-12-31
2018-12-31
TSXV:ITR Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 -14 -17
2018-06-30 -8 -11
2018-03-31 -4 -7
2017-12-31 -3 -6
2017-09-30 0 0
2017-06-30 0 0
2017-03-31 0 0
2016-12-31 0 0
2016-09-30 0 0
2016-06-30 0 0
2016-03-31 0 0
2015-12-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Integra Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Integra Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:ITR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Integra Resources Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:ITR Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2019-12-31
2018-12-31
TSXV:ITR Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 -0.32
2018-06-30 -0.26
2018-03-31 -0.22
2017-12-31 -0.29
2017-09-30 -0.04
2017-06-30 -0.01
2017-03-31 0.16
2016-12-31 0.21
2016-09-30 0.21
2016-06-30 0.23
2016-03-31 -0.14
2015-12-31 -0.18

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Integra Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of ITR’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Integra Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Integra Resources's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Integra Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Integra Resources has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ITR Past Performance

  How has Integra Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Integra Resources's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Integra Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Integra Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Integra Resources's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Integra Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Integra Resources Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:ITR Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 -16.78 13.52
2018-06-30 -11.08 8.71
2018-03-31 -7.09 4.48
2017-12-31 -5.52 2.45
2017-09-30 -0.30 0.31
2017-06-30 -0.06 0.07
2017-03-31 0.34 0.08
2016-12-31 0.34 0.07
2016-09-30 0.31 0.09
2016-06-30 0.30 0.11
2016-03-31 -0.17 0.17
2015-12-31 -0.23 0.23
2015-09-30 -0.40 0.40
2015-06-30 -0.65 0.65
2015-03-31 -0.82 0.80
2014-12-31 -0.94 0.95
2014-09-30 -0.94 1.20
2014-06-30 -1.25 1.22
2014-03-31 -1.08 1.03
2013-12-31 -0.95 0.87
2013-09-30 -1.05 0.73
2013-06-30 -0.61 0.59
2013-03-31 -1.04 1.09
2012-12-31 -1.75 1.96
2012-09-30 -1.98 2.49
2012-06-30 -3.31 3.75
2012-03-31 -9.22 9.65

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Integra Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Integra Resources has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Integra Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Integra Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Integra Resources has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ITR Health

 How is Integra Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Integra Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Integra Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Integra Resources's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Integra Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Integra Resources Company Filings, last reported 5 months ago.

TSXV:ITR Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 16.56 4.29 3.50
2018-06-30 21.94 4.20 8.35
2018-03-31 25.72 4.12 12.39
2017-12-31 27.10 4.03 16.66
2017-09-30 1.41 0.00 1.35
2017-06-30 0.76 0.00 0.76
2017-03-31 -0.04 0.00 0.01
2016-12-31 -0.86 0.18 0.01
2016-09-30 -0.85 0.18 0.01
2016-06-30 -0.84 0.18 0.01
2016-03-31 -1.30 0.18 0.02
2015-12-31 -1.28 0.18 0.02
2015-09-30 -1.25 0.18 0.02
2015-06-30 -1.22 0.18 0.01
2015-03-31 -1.13 0.18 0.02
2014-12-31 -1.05 0.18 0.02
2014-09-30 -0.85 0.18 0.07
2014-06-30 -0.57 0.18 0.18
2014-03-31 -0.31 0.18 0.36
2013-12-31 -0.12 0.33 0.59
2013-09-30 -0.62 0.33 0.28
2013-06-30 -0.31 0.00 0.01
2013-03-31 -0.25 0.00 0.02
2012-12-31 -0.19 0.00 0.11
2012-09-30 0.05 0.00 0.18
2012-06-30 0.20 0.17 0.24
2012-03-31 0.72 0.13 0.93
  • Integra Resources's level of debt (25.9%) compared to net worth is satisfactory (less than 40%).
  • Integra Resources had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Integra Resources has less than a year of cash runway based on current free cash flow.
  • Integra Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 144.4% each year.
X
Financial health checks
We assess Integra Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Integra Resources has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ITR Dividends

 What is Integra Resources's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Integra Resources dividends.
If you bought CA$2,000 of Integra Resources shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Integra Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Integra Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:ITR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSXV:ITR Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2019-12-31
2018-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Integra Resources has not reported any payouts.
  • Unable to verify if Integra Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Integra Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Integra Resources has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Integra Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Integra Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Integra Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ITR Management

 What is the CEO of Integra Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
George Salamis
COMPENSATION CA$250,000
AGE 52
TENURE AS CEO 1.6 years
CEO Bio

Mr. George Gregory Salamis, BSc. Geology, has been Chief Executive Officer and President of Edgewater Exploration Ltd. (formerly, Edgewater Resources) since September 2010. Mr. Salamis has been the Chief Executive Officer and President of Integra Resources Corp., since September 2017. Mr. Salamis has been the Chief Executive Officer of Pinecrest Resources Ltd. since December 04, 2014. He serves as the President of Rusina Mining Ltd. He has 25 years of experience in mineral exploration, mine development, operations and mining finance. He served as Vice President of Corporate Development at Integra Gold Corp. since March 2, 2014. He served senior management positions with established mining companies, including Placer Dome Inc., Cameco Corporation and Rusoro Mining Ltd. He served as the President of Rusoro Mining Ltd. from September 4, 2007 to May 30, 2010. He served as an Executive Chairman of Integra Gold Corp. since September 2014 until July 2017. He served as a Vice President of Riddarhyttan - Canada for Riddarhyttan Resources AB. He served as Chief Executive Officer of Gram Caledon Resources Limited from September 2, 2005 to September 2007 and Managing Director from April 11, 2003 to September 2007. He served as the President of Gram Caledon Resources Limited. He served as Senior Geologist at Cameco Gold Inc. He served as Geologist at Cameco Corporation and Placer Dome Inc. Mr. Salamis serves as a Director of Rusina Mining Ltd. He has been a Non Executive Director of Gram Caledon Resources Limited since April 11, 2003 and First Metals Inc. since September 2006. He has been a Director of Integra Resources Corp., since February 28, 2018, Eastmain Resources Inc. since April 2016; Pinecrest Resources Ltd. since December 04, 2014; Contact Gold Corp., since June 07, 2017; Integra Gold Corp., since January 15, 2013; Kodiak Exploration Ltd. (also known as Prodigy Gold Inc.) since June 4, 2010; Calibre Mining Corp. since September 2011 and Edgewater Exploration Ltd. since May 5, 2010. He served as a Director of Brixton Metals Corporation since August 1, 2010 until June 30, 2016. He served as a Director at Riddarhyttan Resources AB since 2001. He served as a Director of PPX Mining Corp. (also known as Peruvian Precious Metals Corp.) since June 11, 2013 until December 2013. He served as a Director of Rusoro Mining Ltd. since September 10, 2007 and Defiance Mining Corp., since September 22, 2003. He served as a Member of the Board of Directors of Lappland Goldminers AB until May 2008. He served as an Independent Director of Dynasty Gold Corp. from May 26, 2005 to April 2009. He served as a Director of APAC Minerals, Inc. until August 26, 2004; Weda Bay Minerals Inc., from February 1, 2004 to May 15, 2006 and Gyzer Capital Inc. Mr. Salamis holds Graduate Degree in Geology from the Universite de Montreal - Ecole Polytechnique.

CEO Compensation
  • Insufficient data for George to compare compensation growth.
  • George's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure and age of the Integra Resources management team in years:

1.6
Average Tenure
52
Average Age
  • The average tenure for the Integra Resources management team is less than 2 years, this suggests a new team.
Management Team

George Salamis

TITLE
President
COMPENSATION
CA$250K
AGE
52
TENURE
1.6 yrs

Andrée St-Germain

TITLE
CFO & Corporate Secretary
COMPENSATION
CA$269K
AGE
38
TENURE
1.6 yrs

Max Baker

TITLE
Vice President of Exploration
COMPENSATION
CA$454K
AGE
64
TENURE
1.5 yrs
Board of Directors Tenure

Average tenure and age of the Integra Resources board of directors in years:

1.1
Average Tenure
48.5
Average Age
  • The average tenure for the Integra Resources board of directors is less than 3 years, this suggests a new board.
Board of Directors

Steve de Jong

TITLE
Chairman
COMPENSATION
CA$52K
AGE
34
TENURE
1.6 yrs

George Salamis

TITLE
President
COMPENSATION
CA$250K
AGE
52
TENURE
1.1 yrs

David Awram

TITLE
Director
COMPENSATION
CA$6K
AGE
45
TENURE
1.3 yrs

Timo Jauristo

TITLE
Independent Non-Executive Director
COMPENSATION
CA$2K
AGE
60
TENURE
1.1 yrs

Anna Ladd-Kruger

TITLE
Director
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
04. Dec 18 Buy David Awram Individual 04. Dec 18 04. Dec 18 30,000 CA$0.68 CA$20,170
28. Nov 18 Buy George Salamis Individual 27. Nov 18 27. Nov 18 3,000 CA$0.71 CA$2,110
26. Nov 18 Buy George Salamis Individual 23. Nov 18 23. Nov 18 3,000 CA$0.73 CA$2,150
27. Nov 18 Buy Timo Jauristo Individual 26. Nov 18 26. Nov 18 100,000 CA$0.70 CA$70,000
27. Nov 18 Buy George Salamis Individual 26. Nov 18 26. Nov 18 3,000 CA$0.71 CA$2,120
23. Nov 18 Buy George Salamis Individual 22. Nov 18 22. Nov 18 10,000 CA$0.73 CA$7,235
22. Nov 18 Buy George Salamis Individual 21. Nov 18 21. Nov 18 4,000 CA$0.71 CA$2,790
21. Nov 18 Buy Andrée St-Germain Individual 21. Nov 18 21. Nov 18 14,300 CA$0.70 CA$10,010
21. Nov 18 Buy George Salamis Individual 20. Nov 18 20. Nov 18 4,000 CA$0.76 CA$2,930
19. Nov 18 Buy George Salamis Individual 16. Nov 18 16. Nov 18 2,000 CA$0.79 CA$1,570
20. Nov 18 Buy George Salamis Individual 19. Nov 18 19. Nov 18 5,000 CA$0.77 CA$3,810
18. Nov 18 Buy Andrée St-Germain Individual 15. Nov 18 15. Nov 18 12,800 CA$0.78 CA$9,984
18. Nov 18 Buy Stephen de Jong Individual 16. Nov 18 16. Nov 18 15,000 CA$0.78 CA$11,700
14. Nov 18 Buy Andrée St-Germain Individual 13. Nov 18 13. Nov 18 15,000 CA$0.81 CA$11,930
13. Nov 18 Buy Stephen de Jong Individual 13. Nov 18 13. Nov 18 10,000 CA$0.78 CA$7,800
12. Nov 18 Buy Andrée St-Germain Individual 09. Nov 18 09. Nov 18 12,400 CA$0.81 CA$10,044
12. Nov 18 Buy Stephen de Jong Individual 08. Nov 18 12. Nov 18 30,000 CA$0.83 CA$24,423
28. Jun 18 Buy Stephen de Jong Individual 27. Jun 18 27. Jun 18 25,000 CA$0.87 CA$21,510
28. Jun 18 Buy George Salamis Individual 27. Jun 18 27. Jun 18 20,000 CA$0.88 CA$17,600
05. Jun 18 Buy Stephen de Jong Individual 28. May 18 28. May 18 14,500 CA$0.93 CA$13,350
31. May 18 Buy Andrée St-Germain Individual 30. May 18 30. May 18 10,500 CA$0.94 CA$9,870
X
Management checks
We assess Integra Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Integra Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ITR News

Simply Wall St News

Why Integra Resources Corp's (CVE:ITR) Ownership Structure Is Important

In this article, I'm going to take a look at Integra Resources Corp’s (CVE:ITR) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment.

Simply Wall St -

ITR Company Info

Description

Integra Resources Corp., a development stage company, engages in the acquisition, exploration, and development of mineral properties in the Americas. The company explores for base metal, gold, and silver deposits. Its primary focus is the DeLamar project that consists of DeLamar and Florida Mountain gold and silver deposits located in the Owyhee County mining district in southwestern Idaho. The company was formerly known as Mag Copper Limited and changed its name to Integra Resources Corp. in August 2017. Integra Resources Corp. was incorporated in 1997 and is headquartered in Vancouver, Canada.

Details
Name: Integra Resources Corp.
ITR
Exchange: TSXV
Founded: 1997
CA$65,711,384
77,307,511
Website: http://www.integraresources.com
Address: Integra Resources Corp.
400 Burrard Street,
Suite 1050,
Vancouver,
British Columbia, V6C 3A6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV ITR Common Shares TSX Venture Exchange CA CAD 23. Oct 2015
OTCPK IRRZ.F Common Shares Pink Sheets LLC US USD 23. Oct 2015
DB IRV Common Shares Deutsche Boerse AG DE EUR 23. Oct 2015
Number of employees
Current staff
Staff numbers
9
Integra Resources employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/19 00:32
End of day share price update: 2019/03/18 00:00
Last estimates confirmation: 2019/01/21
Last earnings filing: 2018/11/22
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.