Integra Resources Corp (ITRG) Strengthens DeLamar Project Amid Q1 Growth

Integra Resources Corp (NYSEAMERICAN:ITRG) is one of the best gold stocks under $5. On May 13, Integra Resources Corp (NYSEAMERICAN:ITRG) entered into an agreement to offer 517,103 of its common shares to Shoshone-Paiute with an aggregate value of $1.5 million.

Integra Resources Corp (ITRG) Strengthens DeLamar Project Amid Q1 Growth

The agreement is in response to the work undertaken by the two companies to design and implement processes and initiatives as part of the DeLamar project. The equity grant paves the way for the two parties to build consensus and support Shoshone-Paiute to participate as a long-term partner in the project. DeLamar is Integra Resource’s gold and silver development project in Owyhee County in southwest Idaho.

On May 12, H.C. Wainwright reiterated a Buy rating on Integra Resources but lowered the price target to $6.75 from $7. The Buy stance is in response to the company’s first-quarter results, which showed revenue and earnings growth. Revenue came in at $61.7 million compared to $57 million in Q1 2025. Net earnings totaled $12.5 million, or $0.06 a share, compared to $1 million, or $0.01 a share, delivered in the same quarter last year.

Integra Resources Corp (NYSEAMERICAN:ITRG) is a precious metals mining and exploration company. Headquartered in Canada, the company acquires, explores, and develops gold and silver deposits primarily located in the Western United States.

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