Idaho Strategic Resources (NYSEAMERICAN:IDR) Releases Earnings Results, Misses Expectations By $0.06 EPS

Idaho Strategic Resources (NYSEAMERICAN:IDR) issued its quarterly earnings results on Monday. The company reported €0.15 ($0.16) earnings per share for the quarter, missing analysts’ consensus estimates of €0.21 ($0.23) by (€0.06) (($0.07)), Zacks reports. The company had revenue of €6.15 million during the quarter, compared to analyst estimates of €7.40 million. Idaho Strategic Resources had a net margin of 26.69% and a return on equity of 22.07%.

Idaho Strategic Resources Stock Up 4.0 %

Shares of IDR stock opened at €13.93 ($15.31) on Wednesday. Idaho Strategic Resources has a 52-week low of €4.75 ($5.22) and a 52-week high of €18.35 ($20.16). The company has a market capitalization of $180.53 million, a price-to-earnings ratio of 35.72 and a beta of 0.81. The company has a current ratio of 6.01, a quick ratio of 5.58 and a debt-to-equity ratio of 0.07.

Wall Street Analysts Forecast Growth

Separately, Roth Mkm raised their price target on shares of Idaho Strategic Resources from $10.00 to $14.00 and gave the company a “buy” rating in a report on Monday, August 26th.

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.