Integra Resources Corp. (NYSE:ITRG) is one of the 11 Best Gold Penny Stocks to Buy According to Hedge Funds (and Precious Metals Stocks).
A close-up of a technician using advanced geological-surveying equipment, evaluating a gold deposit.
On August 5, 2025, Integra Resources Corp. (NYSE:ITRG) reported strong initial results from its 2025 resource growth drilling program at Florida Canyon Mine in Nevada. The program revealed broad, consistent near-surface oxide gold intercepts at the high-priority North Dump and Inter-Pit areas, with several exceeding current cut-off grades. Building on this momentum, the company expanded the program from 10,000 meters to 16,000 meters, aiming for accelerated resource growth and potential mine life extensions.
Meanwhile, Integra Resources Corp. (NYSE:ITRG) reported Q2 2025 results on August 13, 2025. The mine recorded an output of 18,086 ounces of gold, meeting expectations and generating cash flow to support a planned $55 million reinvestment in Florida Canyon in 2025.
Ahead of these developments, on July 18, 2025, H.C. Wainwright raised its price target to $3.25 from $2.75 with a ‘Buy’ rating.
Integra Resources Corp. (NYSE:ITRG) is a growing precious metal producer in the Great Basin, Nevada, U.S. It is included in our list of the Best Penny Stocks.
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Disclosure: None.