Thursday | ||||
Stifel analyst Ingrid… Stifel analyst Ingrid Rico lowered the firm's price target on Integra Resources to C$4.75 from C$5.25 and keeps a Buy rating on the shares. |
Over a month ago | ||||
Stifel analyst Ingrid… Stifel analyst Ingrid Rico lowered the firm's price target on Integra Resources to C$5.25 from C$8 and keeps a Buy rating on the shares. | ||||
Raymond James analyst… Raymond James analyst Brian MacArthur lowered the firm's price target on Integra Resources to C$4.50 from C$5.50 and keeps an Outperform rating on the shares. | ||||
Raymond James analyst… Raymond James analyst Brian MacArthur lowered the firm's price target on Integra Resources to C$5.50 from C$6.75 and keeps an Outperform rating on the shares. |
Over a quarter ago | ||||
Integra received positive… Integra received positive approval from the United States Department of the Interior Bureau of Land Management through an Environmental Assessment authorizing an underground development and exploration drill program to be conducted at the company's discretion, further underscoring interest to support responsible mineral development at the DeLamar Project. |
Desjardins analyst John… Desjardins analyst John Sclodnick lowered the firm's price target on Integra Resources to C$4 from C$7 and keeps a Buy rating on the shares. | |
Raymond James analyst… Raymond James analyst Brian MacArthur lowered the firm's price target on Integra Resources to C$6.75 from C$8 and keeps an Outperform rating on the shares. | |
Desjardins analyst John… Desjardins analyst John Sclodnick raised the firm's price target on Integra Resources to C$7.25 from C$6.75 and keeps a Buy rating on the shares. | |
Integra Resources has… Integra Resources has increased the scope of its Pre-feasibility Study aiming at a 32,000 to 35,000 tons per day heap leach facility and an 8,000 to 10,000 tpd mill facility. The augmented scope and increased throughput at DeLamar, subject to on-going studies, is expected to result in a 50% or greater increase in gold and silver production profile over a longer time-frame relative to the 2019 PEA which showed 124,000 oz AuEq per year over 10 years. The PFS is expected to be completed in Q4 2021. Metallurgical testing of the DeLamar unoxidized material has demonstrated that a portion of this resource can be processed through a larger mill with a similar flowsheet to that used in the PEA. Consequently, the company is considering an 8,000 to 10,000 tpd mill in the PFS as compared to the 2,000 tpd plan in the PEA. The potential increase in mill processing capacity, subject to on-going studies, is expected to result in a 50% or greater increase in gold and silver production profile than that considered in the 2019 PEA. The company does anticipate an increase in capex for the upcoming PFS; however, the expectations are that the increase in capex will be in-line with the larger production profile presented. The company expects to derive a larger percentage of economic contribution from an increase in silver ounces in the PFS. | |
Industrial Alliance… Industrial Alliance initiated coverage of Integra Resources with a Buy rating and C$7 price target. |