Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) CEO John Swallow Sells 225,000 Shares

Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) CEO John Swallow sold 225,000 shares of the stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of €13.04 ($14.33), for a total transaction of €2,934,000.00 ($3,224,175.82). Following the transaction, the chief executive officer now directly owns 955,248 shares of the company’s stock, valued at €12,456,433.92 ($13,688,388.92). The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Idaho Strategic Resources Stock Down 1.2 %

Idaho Strategic Resources stock opened at €12.97 ($14.25) on Friday. The firm has a market cap of $168.09 million, a PE ratio of 25.43 and a beta of 0.81. Idaho Strategic Resources, Inc. has a 12-month low of €4.75 ($5.22) and a 12-month high of €18.35 ($20.16). The company has a debt-to-equity ratio of 0.07, a current ratio of 6.01 and a quick ratio of 5.58.

Idaho Strategic Resources (NYSEAMERICAN:IDR) last posted its quarterly earnings data on Monday, November 4th. The company reported €0.15 ($0.16) EPS for the quarter, missing analysts’ consensus estimates of €0.21 ($0.23) by (€0.06) (($0.07)). The business 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 30.44% and a return on equity of 27.43%. On average, equities research analysts expect that Idaho Strategic Resources, Inc. will post 0.77 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in IDR. Brighton Jones LLC purchased a new stake in shares of Idaho Strategic Resources in the second quarter valued at about $496,000. Dimensional Fund Advisors LP purchased a new stake in shares of Idaho Strategic Resources in the second quarter valued at about $108,000. Renaissance Technologies LLC lifted its holdings in shares of Idaho Strategic Resources by 24.7% in the second quarter. Renaissance Technologies LLC now owns 60,750 shares of the company’s stock valued at $599,000 after purchasing an additional 12,050 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Idaho Strategic Resources by 3.6% in the first quarter. Vanguard Group Inc. now owns 466,215 shares of the company’s stock valued at $3,944,000 after purchasing an additional 16,215 shares in the last quarter. Finally, Eastern Bank purchased a new stake in shares of Idaho Strategic Resources in the third quarter valued at about $40,000. 8.70% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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 research report on Monday, August 26th.

About Idaho Strategic Resources

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.