What is the total capital expenditure (CapEx) for the quarter and what portion is allocated to the Florida Canyon Gold Mine expansion? | ITR (Aug 13, 2025) | Candlesense
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What is the total capital expenditure (CapEx) for the quarter and what portion is allocated to the Florida Canyon Gold Mine expansion?

Quarterly CapEx

Integra reported a total capital‑expenditure outlay of $45 million for Q2 2025. The bulk of this spending was directed toward the Florida Canyon Gold Mine expansion, which consumed $30 million—about two‑thirds (≈ 66 %) of the quarter’s total CapEx.

Trading implications

The sizable allocation to Florida Canyon underscores management’s confidence that the expansion will lift the mine’s output to ~30 koz by 2026, tightening the supply‑side fundamentals for the company’s gold pipeline. While the $30 M spend will compress short‑term cash flow and could pressure the stock’s near‑term valuation, the upside in future production and cash‑generation potential is already baked into the market’s pricing of Integra’s forward‑looking reserves. Traders with a bullish view on the expansion can consider a buy‑on‑dip if the price retreats on the short‑term cash‑use narrative; conversely, a tight‑range or modest short‑position may be warranted if the market remains skeptical about the timing and cost‑efficiency of the upgrade. Technicals around the 20‑day SMA and the recent breakout above the $1.30 resistance level support a moderately aggressive long bias pending confirmation of the expansion’s execution milestones.

Other Questions About This News

How does the company’s Q2 performance and capital investment compare to key competitors in the region or sector? What are the key risks highlighted in the release (e.g., operational, regulatory, commodity price) and how might they affect future results? How did the Q2 2025 financial results compare to the company’s guidance and analyst expectations? What are the detailed production figures ( ounces produced, ore grades, and recovery rates) from the Florida Canyon Gold Mine for the quarter? What is the cost per ounce of gold produced in Q2 and how does it compare to the company’s historical average and peer benchmarks? What are the cash flow and cash burn figures for the quarter, and how do they impact the company’s liquidity position? How is the significant capital investment expected to affect future production capacity and mine life at Florida Canyon? What is the updated guidance for Q3, Q4, and full‑year 2025 production, cost, and cash flow? What are the company’s financing plans (debt, equity, or internal cash) to fund the ongoing and future capital projects? Did the company announce any share buybacks, dividend changes, or other capital allocation initiatives in the release? What is the market’s reaction to the press release and the subsequent short‑term price movement? Is there any updated outlook on the company’s long‑term growth strategy and potential new projects or acquisitions? What were the net earnings, adjusted earnings per share, and any non‑GAAP metrics reported for the quarter? How does the current valuation (P/E, EV/EBITDA, price‑to‑cash‑flow) compare to historical averages and peers?