12:20:19 EST Wed 21 Jan 2026
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Globe says Stifel's Rico keeps Integra at "buy"

2025-12-23 06:15 ET - In the News

The Globe and Mail reports in its Tuesday, Dec. 23, edition that Stifel analyst Ingrid Rico has reaffirmed her "buy" recommendation for Integra Resources. The Globe's David Leeder writes in the Eye On Equities column that Ms. Rico bumped her target ahead by a loonie to $8. Analysts on average target the shares at $6.84. Ms. Rico says in a note: "Integra released results of the feasibility study for DeLamar which continues to demonstrate merits as the next growth project for Integra and underscores it as having the building blocks for production growth trajectory in the U.S. Great Basin. The future heap-leach mine at DeLamar with projected LOM annual production of 106koz AuEq (broadly in-line with our expectations), or averaging 119koz in the first five years, reinforces a path for Integra to be a 200koz producer complementing current production at Florida Canyon. All-in, the FS is a de-risking element on this future project that highlights a capital efficient, future heap-leach operation -- with further upside to be unlocked through exploration [plus] additional sulphide resource inventory. We will be watching for an anticipated update on permitting progress and permitting derisking timeline in H1 2026."

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