financetom
Business
financetom
/
Business
/
Integra Resources Hits Q4 Income of US$9.5 Million as Transitions to Gold Producer
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Integra Resources Hits Q4 Income of US$9.5 Million as Transitions to Gold Producer
Mar 27, 2025 3:55 AM

06:28 AM EDT, 03/27/2025 (MT Newswires) -- Integra Resources ( ITRG ) late on Wednesday reported net income for the fourth quarter of US$9.5 million or US$0.07 per share.

Adjusted earnings for the fourth quarter were US$2.3 million, or US$0.02 per share.

Full-year 2024 gold production was a record 72,229 ounces, exceeding previously stated guidance.

On Nov. 8, 2024, the company completed the acquisition of Florida Canyon Gold, the owner of the Florida Canyon Mine in Nevada. The deal transitions Integra from development stage to gold producer.

Gold production from Nov. 8 to Dec. 31, 2024, was 10,984 ounces and gold sold was 11,382 ounces. Cash costs and all-in sustaining costs from Nov. 8 to Dec. 31, 2024, were US$1,884 and US$2,103 per ounce of gold sold, respectively.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved