Idaho Strategic Resources (NYSEAMERICAN:IDR) Stock Price Crosses Above 200-Day Moving Average of $0.00

Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €0.00 ($0.00) and traded as high as €5.07 ($5.45). Idaho Strategic Resources shares last traded at €5.01 ($5.39), with a volume of 10,100 shares trading hands.

Wall Street Analyst Weigh In

Separately, TheStreet raised Idaho Strategic Resources from a “d+” rating to a “c-” rating in a report on Tuesday, September 5th.

Idaho Strategic Resources Trading Up 2.7 %

The company has a debt-to-equity ratio of 0.08, a current ratio of 2.36 and a quick ratio of 1.76. The firm has a market cap of $61.42 million, a P/E ratio of 41.75 and a beta of 0.66.

Idaho Strategic Resources (NYSEAMERICAN:IDR) last posted its quarterly earnings results on Monday, August 14th. The company reported €0.03 ($0.03) earnings per share for the quarter, beating the consensus estimate of €0.01 ($0.01) by €0.02 ($0.02). Idaho Strategic Resources had a net margin of 10.84% and a return on equity of 7.73%. The business had revenue of €3.24 million during the quarter, compared to analysts’ expectations of €3.40 million. On average, equities research analysts predict that Idaho Strategic Resources, Inc. will post 0.03 EPS for the current year.

Hedge Funds Weigh In On Idaho Strategic Resources

A number of hedge funds have recently made changes to their positions in the stock. BlackRock Inc. lifted its holdings in Idaho Strategic Resources by 2.0% during the 2nd quarter. BlackRock Inc. now owns 145,378 shares of the company’s stock worth $776,000 after buying an additional 2,865 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in shares of Idaho Strategic Resources in the 2nd quarter valued at $57,000. Geode Capital Management LLC raised its holdings in shares of Idaho Strategic Resources by 15.2% in the 2nd quarter. Geode Capital Management LLC now owns 81,581 shares of the company’s stock valued at $436,000 after purchasing an additional 10,768 shares in the last quarter. UBS Group AG raised its holdings in shares of Idaho Strategic Resources by 8,404.5% in the 3rd quarter. UBS Group AG now owns 18,965 shares of the company’s stock valued at $90,000 after purchasing an additional 18,742 shares in the last quarter. Finally, JW Asset Management LLC raised its holdings in shares of Idaho Strategic Resources by 25.1% in the 1st quarter. JW Asset Management LLC now owns 271,697 shares of the company’s stock valued at $1,323,000 after purchasing an additional 54,546 shares in the last quarter. Hedge funds and other institutional investors own 8.43% of the company’s stock.

Idaho Strategic Resources Company Profile

Idaho Strategic Resources, Inc, a resource-based company, engages in exploring for, developing, and extracting gold, silver, and base metal mineral resources in the Greater Coeur d'Alene Mining District of North Idaho. Its portfolio of mineral properties includes the Golden Chest Mine, a producing gold mine located in the Murray Gold Belt (MGB) of North Idaho; approximately 1,500 acres of patented mineral property and approximately 5,000 acres of nearby and adjacent un-patented mineral property located within the MGB; rare earth element projects located in the Idaho REE-Th Belt near Salmon, Idaho; and early-stage exploration properties in Central Idaho.