Integra Resources Corp. (ITRG) vs Comstock Inc. (LODE)

Integra Resources Corp. and Comstock Inc. are both Other Precious Metals & Mining companies. Integra Resources Corp. is the larger, with a market value of $549.8M against $194.5M — 2.8× the size. Comstock Inc. has negative trailing earnings, so its P/E is not meaningful; Integra Resources Corp. trades at 68.8×. Integra Resources Corp. has the higher net margin (4.14% vs −6,011.8%) and the higher return on invested capital (23.7% vs −30.9%). Across the 16 metrics below, Integra Resources Corp. leads on 14 and Comstock Inc. on 2.

Valuation

Metric ITRG LODE Other Precious Metals & Mining median
P/E 68.75 n/m 18.01
P/S 2.16 191.25 7.00
P/B 2.05 1.38 2.46
Price to free cash flow 36.40 n/m 58.16
EV/EBITDA 5.63 n/m 12.47
EV/Sales 1.96 172.80 5.74
Earnings yield 1.45% (40.23%) 2.75%
Free cash flow yield 2.75% (19.33%) 0.51%

Profitability

Metric ITRG LODE Other Precious Metals & Mining median
Gross margin 39.51% (165.57%) 39.51%
Operating margin 26.71% (5,845.64%) 25.20%
Net margin 4.14% (6,011.76%) 5.02%
Free cash flow margin 2.15% (3,667.19%) 2.55%
Return on equity 5.15% (52.47%) 13.37%
Return on assets 3.23% (35.70%) 3.84%
Return on invested capital 23.70% (30.85%) 5.28%

Growth

Metric ITRG LODE Other Precious Metals & Mining median
Revenue growth (TTM) — (69.07%) 54.39%
EPS growth (last fiscal year) 90.00% 63.55% —
Revenue growth, 5-year CAGR — 50.43% 20.68%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ITRG LODE Other Precious Metals & Mining median
Debt to equity 0.08 0.08 0.00
Current ratio 5.31 3.20 5.20
Net debt to EBITDA (0.60) 0.15 0.28

Dividend

Metric ITRG LODE Other Precious Metals & Mining median
Dividend yield — — 1.64%
Payout ratio 0.00 0.00 0.00

Size

Metric ITRG LODE Other Precious Metals & Mining median
Market cap 549.78m 194.54m 1.03b

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