NYSE: CLOSED
TSE: CLOSED
LSE: CLOSED
HKE: CLOSED
NSE: CLOSED
BM&F: CLOSED
ASX: CLOSED
FWB: CLOSED
MOEX: CLOSED
JSE: CLOSED
DIFX: CLOSED
SSE: CLOSED
NZSX: CLOSED
TSX: CLOSED
SGX: CLOSED
NYSE: CLOSED
TSE: CLOSED
LSE: CLOSED
HKE: CLOSED
NSE: CLOSED
BM&F: CLOSED
ASX: CLOSED
FWB: CLOSED
MOEX: CLOSED
JSE: CLOSED
DIFX: CLOSED
SSE: CLOSED
NZSX: CLOSED
TSX: CLOSED
SGX: CLOSED

Integra Heads Into 2027 With 40% Institutional & High-Net-Worth Ownership

Integra's register: 40% institutions & high-net-worth, 15% strategic investors & insiders, 7 analyst firms, ahead of 2027 Florida Canyon & DeLamar targets.

  • About 40% of Integra Resources' basic shares sit with institutions & high-net-worth investors, 15% with strategic investors & insiders, and 45% with retail & other holders, based on the company's approximate breakdown.
  • Alamos Gold, Wheaton Precious Metals & Beedie are the named strategic investors, and Franklin Templeton, Merk, Vestcor, Equinox Partners, CQS & Ruffer are the named top institutional investors.
  • Analyst coverage comes from 7 firms, and GDXJ index inclusion is among the company's 2026 milestones.
  • Cash stood at US$119 million on September 30, 2026, after third-quarter gold production of 17,652 ounces at Florida Canyon, up 8% from the second quarter.
  • Next for the register: third-quarter results on November 11, 2026, then 2027 targets of 80,000 to 85,000 ounces at Florida Canyon and a DeLamar Record of Decision in the second half of 2027.

Integra Resources Corp. (TSXV: ITR | NYSE American: ITRG) goes into 2027 with a shareholder base that can be named. The company's approximate ownership breakdown, drawn from basic shares and the latest available reporting, shows 45% retail & other investors, 40% institutions & high-net-worth investors, and 15% strategic investors & insiders. The company operates the Florida Canyon Mine in Nevada and is advancing the DeLamar Project in Idaho and the Nevada North Project in Nevada.

Share Structure & Cash Position

Integra had 202.9 million basic shares outstanding at June 30, 2026, along with 4.2 million options, 6.3 million warrants, and 3.1 million restricted & deferred share units. The company reports 216.7 million fully diluted shares outstanding.

Cash and cash equivalents were US$119 million as of September 30, 2026, up from approximately US$111 million as of June 30, 2026. Florida Canyon produced 17,652 ounces of gold in the third quarter, an 8% increase on the second quarter and a 40% increase on the first quarter, for 46,666 ounces over the first 9 months of 2026.

Institutional Holders, Strategic Investors & Analyst Coverage

Institutions & high-net-worth investors hold about 40% of basic shares, and Integra names Franklin Templeton, Merk, Vestcor, Equinox Partners, CQS & Ruffer as its top institutional investors. The strategic investors & insiders group holds about 15%, and Alamos Gold, Wheaton Precious Metals & Beedie are the 3 strategic investors Integra names. Retail & other investors hold about 45%.

Source: Integra Resources, Corporate Presentation - September 2026, September 1, 2026.

Integra describes support from large institutions & strategic investors as one of its strengths. Analyst coverage comes from 7 firms: Canaccord Genuity, Stifel, Cormark, Desjardins, Raymond James, Roth & H.C. Wainwright. GDXJ index inclusion is among its 2026 milestones.

The Assets Behind the Register

Integra's 3 Great Basin assets hold 7.7 million ounces of gold equivalent in the measured & indicated categories and 4.3 million ounces of gold equivalent in the inferred category, an inventory the company describes as peer-leading. Gold equivalent is calculated at US$3,000 per ounce of gold & US$35 per ounce of silver.

Integra raised Florida Canyon's mineral reserves 74% to 1,191,000 ounces of gold in its updated mine plan and extended mine life from 2030 to 2033, plus 2 years of residual leaching. Florida Canyon's after-tax net present value at a 5% discount rate (NPV5%) is US$601 million at base-case gold prices and US$723 million at US$4,200 per ounce of gold. DeLamar's after-tax NPV5% is US$1.9 billion, with a 97% internal rate of return, at US$4,500 per ounce of gold & US$65 per ounce of silver. Nevada North's 2023 preliminary economic assessment outlines a 13-year mine life averaging approximately 80,000 ounces of gold equivalent a year.

What Comes Next for Shareholders

Third quarter financial results are due after market close on November 11, 2026, with a conference call on November 12, 2026, at 10:00 AM EST. Florida Canyon's 2026 production guidance stays at 70,000 to 75,000 ounces, and Integra is targeting elevated mining rates through the fourth quarter.

Florida Canyon moves into higher-grade central orebodies in 2027, and the company is targeting an annual run rate of 80,000 to 85,000 ounces. President, Chief Executive Officer & Director of Integra, George Salamis, puts the grade of those orebodies at almost twice that of the ore processed today and described the 2027 test:

"Next year will be the real 'show me.' Can we get to that 80,000 to 85,000 ounces a year of production? Can we drop those costs materially below $3,000 an ounce?"

The company states that Integra trades at a discount to junior producer peers, and Salamis ties the current valuation to the show-me aspect of Florida Canyon. At DeLamar, the Record of Decision is targeted for the second half of 2027, with a final investment decision targeted for the same half-year.

FAQs (AI-Generated)

How is Integra's ownership split? +

About 45% of basic shares are held by retail & other investors, 40% by institutions & high-net-worth investors, and 15% by strategic investors & insiders. The company describes the percentages as approximate.

Which strategic investors does Integra name? +

Alamos Gold, Wheaton Precious Metals & Beedie. The strategic group also includes insiders.

Which firms provide analyst coverage of Integra? +

Canaccord Genuity, Stifel, Cormark, Desjardins, Raymond James, Roth & H.C. Wainwright.

How much cash did Integra hold at September 30, 2026? +

Cash and cash equivalents were US$119 million, compared with approximately US$111 million at June 30, 2026.

When does Integra report third quarter results? +

Results are due after market close on November 11, 2026, followed by a conference call on November 12, 2026 at 10:00 AM EST.

Analyst's Notes

Institutional-grade mining analysis available for free. Access all of our "Analyst's Notes" series below.
View more

Subscribe to Our Channel

Subscribing to our YouTube channel, you'll be the first to hear about our exclusive interviews, and stay up-to-date with the latest news and insights.
Integra Resources
Go to Company Profile
Recommended
Latest
No related articles

Stay Informed

Sign up for our FREE Monthly Newsletter, used by +45,000 investors