Integra Resources cuts 2026 gold production forecast at Florida Canyon mine
ITRG•
ITRG•Integra Resources lowered its 2026 Florida Canyon gold production guidance to 59,000–62,000 ounces from 70,000–75,000 ounces, citing slower leaching rates. Third-quarter revenue was $72.4 million and adjusted EPS was $0.06.
Integra Resources cut its 2026 gold production forecast for the Florida Canyon Mine to 59,000–62,000 ounces from 70,000–75,000 ounces, citing leaching rates that have not kept pace with higher mining rates. The company expects to reduce mining rates for the rest of 2026 to stabilize leach pad performance and expects access to higher-grade ore in 2027 to support improved production.
Third-quarter revenue was $72.4 million, while adjusted EPS was $0.06, down from $0.10 in the third quarter of 2025. Net income was $12.90 million. Higher diesel fuel and explosive costs, royalties and excise taxes raised cash costs and mine-site AISC.