Idaho Strategic Resources (NYSEAMERICAN:IDR) Share Price Passes Above Two Hundred Day Moving Average of $0.00

Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDRGet Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €0.00 ($0.00) and traded as high as €10.35 ($11.13). Idaho Strategic Resources shares last traded at €9.86 ($10.60), with a volume of 77,900 shares changing hands.

Wall Street Analyst Weigh In

Separately, Roth Mkm increased their price objective on Idaho Strategic Resources from $9.00 to $10.00 and gave the stock a “buy” rating in a research report on Tuesday, April 2nd.

Get Our Latest Analysis on IDR

Idaho Strategic Resources Stock Down 4.1 %

The firm has a market capitalization of $125.62 million, a P/E ratio of 39.44 and a beta of 0.71. The company has a debt-to-equity ratio of 0.09, a current ratio of 4.08 and a quick ratio of 3.65.

Idaho Strategic Resources (NYSEAMERICAN:IDRGet Free Report) last announced its quarterly earnings data on Monday, March 25th. The company reported €0.02 ($0.02) earnings per share for the quarter, missing the consensus estimate of €0.05 ($0.05) by (€0.03) (($0.03)). The company had revenue of €3.78 million during the quarter, compared to the consensus estimate of €3.70 million. Idaho Strategic Resources had a net margin of 20.16% and a return on equity of 15.71%. As a group, research analysts expect that Idaho Strategic Resources, Inc. will post 0.27 EPS for the current year.

Insider Buying and Selling

In related news, CEO John Swallow sold 140,687 shares of the company’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of €8.39 ($9.02), for a total transaction of €1,180,363.93 ($1,269,208.53). Following the completion of the transaction, the chief executive officer now owns 1,203,546 shares in the company, valued at €10,097,750.94 ($10,857,796.71). The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 12.74% of the stock is owned by insiders.

Hedge Funds Weigh In On Idaho Strategic Resources

A hedge fund recently raised its stake in Idaho Strategic Resources stock. Vanguard Group Inc. boosted its position in shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDRFree Report) by 3.6% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 466,215 shares of the company’s stock after purchasing an additional 16,215 shares during the quarter. Vanguard Group Inc. owned about 3.71% of Idaho Strategic Resources worth $3,944,000 at the end of the most recent reporting period. 8.70% of the stock is currently owned by institutional investors.

Idaho Strategic Resources Company Profile

(Get Free Report)

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.

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