---
title: "Buy Rating Reiterated on Integra Resources as Florida Canyon Study Strengthens Outlook; Price Target Maintained at $6.75"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290953218.md"
description: "H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Integra Resources with a $6.75 price target, citing a strengthened Florida Canyon Feasibility Study. The updated plan extends mine life to 2033, boosts reserves to 1.2 million ounces, and projects robust free cash flow. Low projected costs and attractive valuation support the positive outlook."
datetime: "2026-06-26T10:45:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290953218.md)
  - [en](https://longbridge.com/en/news/290953218.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290953218.md)
---

# Buy Rating Reiterated on Integra Resources as Florida Canyon Study Strengthens Outlook; Price Target Maintained at $6.75

In a report released today, Heiko Ihle from H.C. Wainwright reiterated a Buy rating on Integra Resources Corp, with a price target of $6.75.

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Heiko Ihle has given his Buy rating due to a combination of factors tied to the significantly improved Florida Canyon Feasibility Study and Life-of-Mine plan. The updated study outlines an 8-year mine life with average annual production of roughly 82,000 ounces of gold, representing a notable increase from prior plans and extending active mining through 2033 while supporting a more predictable long-term production profile after a transitional 2026.

In addition, the company’s Proven and Probable reserves have risen sharply to about 1.2 million ounces, supporting robust project economics that include a sizable post-tax NPV and strong projected free cash flow generation even under conservative gold price assumptions. Management’s planned $92 million in growth capital and disciplined sustaining capital framework are expected to deliver relatively low life-of-mine cash costs and all-in sustaining costs, reinforcing the view that Integra Resources’ shares remain attractively valued with an unchanged price target of $6.75.

According to TipRanks, Ihle is a top 100 analyst with an average return of 44.3% and a 54.23% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Gold Royalty, Avino Silver & Gold, and Perpetua Resources.

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