Integra Resources Corp ITRG

New Press Release - Integra Announces Maiden Preliminary Economic Assessment for Wildcat & Mountain View Projects: After-Tax NPV of US$310 Million and IRR of 37%

VANCOUVER, British Columbia, June 28, 2023 (GLOBE NEWSWIRE) -- Integra Resources Corp. (“Integra” or the “Company”) (TSXV: ITR; NYSE American: ITRG) is pleased to announce results for the maiden Preliminary Economic Assessment (“PEA”) and updated resource estimate for each of the Wildcat Project ...read article.

[andre171]

Integra today publishes the PEA for Wildcat & Mountain with an NPV of US$310M. The simplified project for DeLamar gave a NPV of 314M at the same price of $1700 per ounce of gold. In the medium term, we will undoubtedly add 100M for Kinross waste and later at least 100M for DeLamar sulphides. In CAD terms, this gives us 1074M for a current capitalization of 86M, i.e. a ratio of 12.5. I don'

[goldstd69]

From your numbers ITRG looks way undervalued.  I own some ITRG.

[andre171]

I agree with you, but why so few reactions on the forums after this very positive publication? It seems to me that the June 29 management video adds to the optimism!