ITRG 6-K SEC Filing Analysis

Latest settled — T+5d

ITRG ▼ -12.50% at T+5d

NEUTRAL call ✗ call lost -12.50% · α vs SPY -12.58% · entry $2.88 → $2.52

Next anchor: T+20d due 17h ago

Last close $2.41 (close Jun 8) · -16.32% from $2.88 entry

Entry anchored
May 11, 03:59 PM ET
via Databento tick

T+1d

0.00%

call 0.00% · α -0.54%

$2.88

settled 29d ago

T+5d

-12.50%

call -12.50% · α -12.58%

$2.52

settled 23d ago

T+20d

—

call — · α —

—

due 17h ago

T+60d

—

call — · α —

—

in 8w

Price Chart

Loading chart...

Executive Summary

Integra Resources reported Q1 2026 results showing strong earnings growth driven by record gold prices, but with a significant production decline and cost overruns. Revenue rose 8% YoY to $61.7M and net earnings surged to $12.5M from $1.0M, driven by a record average realized gold price of $4,854/oz. However, gold production fell 35% to 12,635 oz due to leach pad issues, and cash costs of $2,422/oz and Mine-site AISC of $3,310/oz both exceeded full-year guidance ranges. The company raised $57.5M in a bought deal offering, ending the quarter with $105.8M cash to fund DeLamar project development.

Actionable Insight

The Q1 production miss and cost overruns are concerning, but management maintains full-year guidance with deferred ounces expected to be recovered. The strong balance sheet ($105.8M cash) and DeLamar project momentum provide a positive long-term narrative. Watch for Q2 production recovery and the Florida Canyon technical report expected in Q3 2026. The elevated AISC vs guidance is a near-term headwind that needs to normalize.

Key Facts

Q1 2026 revenue of $61.7M, up 8% from $57.0M in Q1 2025
Net earnings of $12.5M ($0.06/share) vs $1.0M ($0.01/share) in Q1 2025
Gold production fell 35% to 12,635 oz from 19,323 oz in Q1 2025
Record average realized gold price of $4,854/oz vs $2,888/oz in Q1 2025
Cash costs of $2,422/oz exceeded guidance range of $1,900-$2,100/oz
Mine-site AISC of $3,310/oz exceeded guidance range of $2,750-$2,950/oz
Operating cash flow of $13.8M, down from $15.7M in Q1 2025
Free cash flow of $3.0M, down from $9.7M in Q1 2025
Cash and cash equivalents of $105.8M, up from $63.1M at Dec 31, 2025
Completed $57.5M bought deal public offering in February 2026
Acquired 6,600-acre ranch near DeLamar for $12.5M
Maintained 2026 production guidance of 70,000-75,000 oz
DeLamar FS shows after-tax NPV5% of $774M and IRR of 46% at base case prices

Financial Impact

Revenue +$4.7M YoY, net earnings +$11.6M YoY; production -6,688 oz YoY; cash costs +$406/oz YoY

revenuenet earningsgold productioncash costsmine-site AISCoperating cash flowfree cash flow

Risk Factors

Gold production down 35% YoY with leach pad issues may persist
Cash costs and AISC above full-year guidance ranges
Significant capital spending at DeLamar ($17.7M in Q1) before production
Class action lawsuit against Alio subsidiary with uncertain outcome
Dilution from 18.1M share offering (9.3% of pre-offering shares)

Market Snapshot

Exchange

NYSE

Sector

Gold and Silver Ores

Analyst Consensus

94% bullish (16 analysts)

Documents Analyzed

This report is based on 10 SEC documents filed with EDGAR.

Document	Accession Number
6-K Filing (Primary)	0001722387-26-000009
Document: mda-q126.htm	0001722387-26-000009
Document: earningsnewsrelease-q126.htm	0001722387-26-000009
Document: form6-kfilingxq126.htm	0001722387-26-000009
Document: ceo52-109f2xq126.htm	0001722387-26-000009
Document: cfo52-109f2xq126.htm	0001722387-26-000009
Document: consentofjamesfrost-q126.htm	0001722387-26-000009
Document: 0001722387-26-000009-index-headers.html	0001722387-26-000009
Document: 0001722387-26-000009-index.html	0001722387-26-000009
Document: 0001722387-26-000009.txt	0001722387-26-000009

8 reports for ITRG

T+1T+5T+20T+60

50% Hit rate 2 of 4 directional calls best @ T+20▲ +8.82%Mar 25, 2026

Filters

Reports for ITRG — sortable, filterable
	Type				Now
Jun 2, 2026 7d ago	6-K NEUTRAL ★ 4/10	$2.59 $2.51	▼ −3.09%	▼ −2.37%	$2.41 (−6.95%)
May 29, 2026 11d ago	6-K BULLISH ★ 6/10	$2.74 $2.62	▼ −4.38%	▼ −4.66%	$2.41 (−12.04%)
May 26, 2026 14d ago	6-K NEUTRAL ★ 3/10	$2.48 $2.50	▲ +0.81%	▲ +0.79%	$2.41 (−2.82%)
May 11, 2026 29d ago	6-K MIXED ★ 6/10	$2.88 $2.88	· 0.00%	▼ −0.54%	$2.41 (−16.32%)
Apr 14, 2026 8w ago	6-K BULLISH ★ 7/10	$3.13 $3.11	▼ −0.64%	▼ −1.41%	$2.41 (−23.00%)
Apr 13, 2026 8w ago	6-K NEUTRAL ★ 2/10	$3.05 $3.13	▲ +2.62%	▲ +1.41%	$2.41 (−20.98%)
Apr 9, 2026 8w ago	6-K BULLISH ★ 7/10	$2.99 $3.00	▲ +0.33%	▲ +0.40%	$2.41 (−19.40%)
Mar 25, 2026 11w ago	6-K BULLISH ★ 8/10	$2.72 $2.51	▼ −7.72%	▼ −5.95%	$2.41 (−11.40%)

US Market Status

Market Closed — Opens in 8h 46m

Related Tickers

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access