NYSE: ITRG - Integra Resources Corp.

Price = Avg Price + (Avg Price * CAGR EPS% / 100)
EPS = Earning Per Share
CAGR EPS = CAGR 5 EPS
Key Rate — 关键利率
Excess Key Rate — 期望超出关键利率
EPS = -0.6822
CAGR EPS = 8.66%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 0.9307 + (0.9307 * 8.66% / 100) = 1.01

Price = (Terminal Value + Company Value) / Count shares
Price - 价格公道
Terminal Value — 预测后期间的成本
Company Value — 预测期内的成本
Count shares - 股份数量
Terminal Value = Discount Ebitda(5) * (1 + Ebitda Yield) / (WACC - Ebitda Yield)
Company Value = ∑ (Discount Ebitda / (1 + WACC) ^ 5)
Discount Ebitda(5) = -0.0832
Ebitda Yield = 0.1883
WACC = (Interest Expense / Debt) * (Weight Cost Debt) * (1 - Tax) + Cost Of Equity * Weight Debt
Interest Expense - 偿债成本
Debt - 责任
Weight Debt - 相对于债务的资本权重
Weight Cost Debt - 债务权重相对于资本总额
Tax - 税
Interest Expense = 0.0017
Debt = 0.0112
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 0.0112) = 0
Weight Cost Debt = 100% - 0 = 1
Tax = 0.21
Cost Of Equity — 贴现率
Cost Of Equity = k(f) + β * Risk Premium + Country Premium (Damodaran table)
k(f) — 无风险回报率
β (beta) — 确定股票（资产）相对于市场的风险度量，并显示股票盈利能力变化相对于市场盈利能力变化的敏感性。
Risk Premium — 风险溢价——投资股票的风险溢价
Country Premium - 国家风险
k(f) = 3
β = 0.3864
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + 0.3864 * 5.94 + 0 = 0.053
WACC = (0.0017 / 0.0112) * (100% - 0) * (1 - 0.21) + 0.053 + 0 = 11.88
Terminal Value = Discount (-0.0832 * (1 + 0.1883) / (11.88 - 0.1883)) = -0.8114
Company Value = ∑ (-0.0832 / (1 + 11.88) ^ 5) = -0.2111
Price = (Terminal Value + Company Value) / Count shares = (-0.8114 + -0.2111) / 68870000 = -14.85

Price = (Terminal Value + Company Value) / Count shares
Price - 价格公道
Terminal Value — 预测后期间的成本
Company Value — 预测期内的成本
Count shares - 股份数量
Terminal Value = Discount FCF(5) * (1 + FCF Yield) / (WACC - FCF Yield)
Company Value = ∑ (Discount FCF / (1 + WACC) ^ 5)
Discount FCF(5) = -0.0515
FCF Yield = 0.1148
WACC = (Interest Expense / Debt) * (Weight Cost Debt) * (1 - Tax) + Cost Of Equity * Weight Debt
Interest Expense - 偿债成本
Debt - 责任
Weight Debt - 相对于债务的资本权重
Weight Cost Debt - 债务权重相对于资本总额
Tax - 税
Interest Expense = 0.0017
Debt = 0.0112
Market Cap = 0
Weight Debt = Market Cap / (Market Cap + Debt) = 0 / (0 + 0.0112) = 0
Weight Cost Debt = 100% - 0 = 1
Tax = 0.21
Cost Of Equity — 贴现率
Cost Of Equity = k(f) + β * Risk Premium + Country Premium (Damodaran table)
k(f) — 无风险回报率
β (beta) — 确定股票（资产）相对于市场的风险度量，并显示股票盈利能力变化相对于市场盈利能力变化的敏感性。
Risk Premium — 风险溢价——投资股票的风险溢价
Country Premium - 国家风险
k(f) = 3
β = 0.3864
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 3 + 0.3864 * 5.94 + 0 = 0.053
WACC = (0.0017 / 0.0112) * (100% - 0) * (1 - 0.21) + 0.053 + 0 = 11.88
Terminal Value = Discount (-0.0515 * (1 + 0.1148) / (11.88 - 0.1148)) = -8.18
Company Value = ∑ (-0.0515 / (1 + 11.88) ^ 5) = -0.148
Price = (Terminal Value + Company Value) / Count shares = (-8.18 + -0.148) / 68870000 = -120.93