Where is Integra Resources Corp. (ITRG) Headed According to Analysts?

Integra Resources Corp. (NYSE:ITRG) is one of the best stocks under $5 with highest upside potential. Integra Resources Corp. (NYSE:ITRG) received a rating update from Raymond James analyst Brian MacArthur on October 24, who lifted the price target for the stock to C$5.75 from C$5.50 while keeping an Outperform rating on the shares.

The same day, Stifel Nicolaus analyst Ingrid Rico reiterated a Buy rating on the stock, and set a  price target of C$7.00.

Is Integra Resources Corp. (ITRG) the Best Precious Metals Stock to Buy According to Analysts?

The rating updates came after Integra Resources Corp. (NYSE:ITRG) announced solid fiscal Q3 2025 gold production results from Florida Canyon Mine on October 23, and lifted quarter-over-quarter cash balance to $81.2 million, marking the strongest ever financial position for the company.

George Salamis, President, CEO and Director of Integra Resources Corp. (NYSE:ITRG), attributed this milestone to strong production results from Florida Canyon and a solid gold price environment, stating that Florida Canyon is delivering on expectations, “generating meaningful cash flow to fund crucial reinvestment into the mine, while also supporting the company’s broader growth strategy”.

The Mine produced 20,653 ounces of gold and sold 20,265 ounces of gold during fiscal Q3 2025, in line with Integra Resources Corp.’s (NYSE:ITRG) expectations.

Integra Resources Corp. (NYSE:ITRG) is a development stage company involved in the acquisition, development, and exploration of mineral properties in the Americas.

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Disclosure: None. This article is originally published at Insider Monkey.