15,040 Shares in Idaho Strategic Resources, Inc. $IDR Acquired by Alps Advisors Inc.

Alps Advisors Inc. acquired a new stake in shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 15,040 shares of the company’s stock, valued at approximately $508,000. Alps Advisors Inc. owned 0.10% of Idaho Strategic Resources at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in IDR. Police & Firemen s Retirement System of New Jersey bought a new stake in Idaho Strategic Resources in the second quarter valued at $39,000. AlphaQuest LLC increased its holdings in shares of Idaho Strategic Resources by 6,301.6% in the 2nd quarter. AlphaQuest LLC now owns 3,969 shares of the company’s stock worth $52,000 after acquiring an additional 3,907 shares during the period. Global Retirement Partners LLC lifted its position in Idaho Strategic Resources by 295.7% in the 3rd quarter. Global Retirement Partners LLC now owns 1,919 shares of the company’s stock valued at $65,000 after purchasing an additional 1,434 shares during the last quarter. JPMorgan Chase & Co. bought a new stake in Idaho Strategic Resources in the 2nd quarter valued at about $78,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Idaho Strategic Resources during the 2nd quarter valued at about $90,000. 8.70% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Idaho Strategic Resources

In other news, CEO John Swallow sold 30,000 shares of the business’s stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $43.44, for a total value of $1,303,200.00. Following the sale, the chief executive officer owned 665,778 shares of the company’s stock, valued at approximately $28,921,396.32. The trade was a 4.31% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard Scott Beaven sold 2,000 shares of the company’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $34.64, for a total value of $69,280.00. Following the completion of the sale, the director owned 11,183 shares of the company’s stock, valued at approximately $387,379.12. This trade represents a 15.17% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 52,000 shares of company stock worth $2,206,880. 8.69% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Separately, Roth Mkm restated a “buy” rating on shares of Idaho Strategic Resources in a research note on Friday, December 12th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $17.50.

Idaho Strategic Resources Trading Down 8.3%

Shares of NYSEAMERICAN:IDR opened at $36.91 on Friday. The company has a 50 day moving average of $42.70 and a 200-day moving average of $35.24. The company has a current ratio of 8.55, a quick ratio of 8.34 and a debt-to-equity ratio of 0.02. The firm has a market cap of $575.43 million, a P/E ratio of 52.73 and a beta of 0.94. Idaho Strategic Resources, Inc. has a twelve month low of $10.45 and a twelve month high of $54.70.

Idaho Strategic Resources (NYSEAMERICAN:IDR) last posted its quarterly earnings data on Wednesday, November 12th. The company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.01. The business had revenue of $11.08 million for the quarter, compared to analyst estimates of $9.40 million. Idaho Strategic Resources had a net margin of 27.82% and a return on equity of 18.60%. As a group, analysts anticipate that Idaho Strategic Resources, Inc. will post 0.65 earnings per share for the current fiscal year.

Idaho Strategic Resources 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.