Stifel Boosts ITRG Target to C$9, Reaffirms Buy

Company Overview - Integra Resources Corp. (NYSE:ITRG) is a precious metals company focused on acquisition, exploration, and development of projects in the Great Basin region of the western United States [4] Recent Developments - On February 9, Integra Resources closed a US$61.6 million oversubscribed bought deal financing, issuing more than 18.1 million shares at US$3.40 each. Proceeds will fund pre-production capital at the DeLamar Project, including procurement, early works, and land acquisitions [3] - The financing follows key permitting milestones and completion of a feasibility study, positioning the company to advance early-stage construction activities ahead of a final Record of Decision [3] - Stifel raised its price target on Integra Resources to C$9 from C$8 and maintained a Buy rating, signaling continued confidence in the company's development trajectory and asset base [2] Investment Potential - With permitting progress, feasibility work completed, and funding in place to advance DeLamar, Integra offers investors exposure to a de-risking gold development story with clear catalysts and scalable production potential [4]