Integra Resources Corp. (ITRG) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+897.9%

$21.60

vs $2.17 price

Levered DCF

$13.39

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

3.71

Safe zone

Rating

B+

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-297.04×	-8.7×	-2.04×	-2.2×	-3.68×	-11.47×	-11.05×	-9.16×
P/B	3.68×	0.64×	1.94×	2.06×	4.2×	4.64×	4.75×	4.57×
P/S	2.74×	2.77×	0×	0×	0×	0×	0×	0×
EV / EBITDA	7.61×	-14.97×	-2.32×	-2.25×	-3.47×	-10.27×	-9.92×	-9.74×
Gross margin	30.4%	17.7%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Operating margin	26.7%	-51.7%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net margin	-0.9%	-31.3%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Current ratio	3.52×	2.28×	0.59×	1.1×	2.64×	5.23×	7.21×	2.53×
Debt / equity	0.12×	0.19×	0.28×	0.6×	0.1×	0.03×	0.04×	0.18×
Interest coverage	14.09×	-7.16×	-16.63×	-29.81×	-278.69×	-219.15×	-245.04×	-219.49×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-1.2%	-7.3%	-95.1%	-92.9%	-113.3%	-40.1%	-43.1%	-36.8%
Return on invested capital	-2.8%	-7.5%	-49.5%	-33.1%	-44.8%	-19.5%	-23.1%	-25.5%
Return on assets	-0.7%	-4.0%	-46.8%	-32.2%	-43.8%	-18.8%	-22.3%	-18.8%
Free cash flow yield	3.4%	-11.2%	-34.7%	-41.7%	-26.1%	-7.0%	-10.8%	-10.0%
Earnings yield	-0.3%	-11.3%	-49.1%	-45.0%	-27.0%	-8.6%	-9.1%	-8.0%
Enterprise value	$637.9M	$57.1M	$61M	$40.9M	$110.7M	$211.8M	$161.5M	$129.4M
Net debt / EBITDA	-0.49×	7.01×	-0.07×	0.17×	0.36×	1.71×	1.38×	0.44×
Cash conversion cycle (days)	94	718	0	-774	-603	-700	-163	-200