Quarterly ResultAug 11, 2026, 05:23 PM
Integra Resources Florida Canyon Reserves Up 74%; $0.8B After-Tax Free Cash Flow
AI Summary
Integra Resources reported Q2 2026 net earnings of $12.0 million on revenue of $70.8 million, compared to $10.6 million and $61.1 million respectively in Q2 2025. The company released an updated feasibility study for its Florida Canyon Mine, highlighting a 74% increase in Proven and Probable Mineral Reserve, an 8-year mine life, and $0.8 billion in after-tax free cash flow. Integra also revised its 2026 cost guidance upwards and increased non-sustaining capital expenditures. Permitting for the DeLamar Project is advancing, and exploration drilling at Nevada North is set to begin.
Key Highlights
- Q2 2026 net earnings were $12.0 million, up from $10.6 million in Q2 2025.
- Q2 2026 revenue increased to $70.8 million from $61.1 million in Q2 2025.
- Florida Canyon Technical Report shows a 74% increase in Proven and Probable Mineral Reserve.
- Florida Canyon Technical Report projects $0.8 billion in after-tax free cash flow.
- Revised 2026 Mine-site AISC guidance increased to $3,300-$3,500/oz sold.
- Revised 2026 non-sustaining capital expenditures increased to $16.5-$18.5 million.
- Cash and cash equivalents stood at $111.1 million as of June 30, 2026.
- DeLamar Project after-tax NPV5% is $774 million at base case gold prices.
Price Impact
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