Integra Resources (TSE:ITR) has disclosed a new risk, in the Capital Markets category.
Integra Resources faces significant risk in securing necessary capital, as its funding has historically relied on the volatile sale of Common Shares and other securities. The availability of this financing is contingent upon numerous factors, including the outcomes of its mineral explorations, fluctuating debt and equity markets, and changing investor sentiments towards the minerals sector. There is no guaranteed access to capital at favorable terms, and insufficient funding could force Integra Resources to delay or alter its exploration and work programs, potentially impacting its long-term viability.
The average TSE:ITR stock price target is C$4.29, implying 346.88% upside potential.
To learn more about Integra Resources’ risk factors, click here.
