Financial Performance - Gold revenue for Q4 2025 was $54.637 million, with 12,920 ounces sold, resulting in an average realized gold price of $4,229 per ounce[63]. - Free cash flow for Q4 2025 was $(12.204) million, while for the year it was $19.809 million, translating to free cash flow per share of $(0.07) and $0.12 respectively[66]. - Adjusted earnings for the year ended December 31, 2025, were $14.775 million, with adjusted basic earnings per share of $0.09[75]. Capital Expenditures - Total capital expenditures for the year ended December 31, 2025, were $57.961 million, with sustaining capital expenditures of $52.445 million[65]. Operational Metrics - Operating margin for Q4 2025 was 46%, with mine operating earnings of $25.269 million on revenue of $55.151 million[69]. - Total cash costs for Q4 2025 were $26.305 million, resulting in cash costs per ounce sold of $2,036[73]. - All-in sustaining costs (AISC) for Q4 2025 were $45.713 million, with AISC per ounce sold at $3,538[73]. Strategic Initiatives - The company plans to advance its development-stage projects, including the DeLamar Project and the Nevada North Project, to enhance profitability and operational excellence[60]. - The company emphasizes sustainable value creation through disciplined capital allocation and strategic M&A activities[60]. Forward-Looking Statements - Forward-looking statements indicate expectations for continued exploration and development activities, with a focus on maintaining operational efficiency and financial performance[76]. Compliance and Regulations - The technical disclosure in the news release complies with NI 43-101 standards, which differ from U.S. SEC requirements[79]. - The TSX Venture Exchange and its Regulation Services Provider do not accept responsibility for the adequacy or accuracy of the release[80].
Integra Resources(ITRG) - 2025 Q4 - Annual Report