Monique D. Hayes Sells 7,746 Shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) Stock

Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) insider Monique D. Hayes sold 7,746 shares of the stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of €11.51 ($12.12), for a total value of €89,156.46 ($93,848.91). Following the completion of the transaction, the insider now owns 27,670 shares of the company’s stock, valued at €318,481.70 ($335,243.89). The trade was a 21.87 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Idaho Strategic Resources Stock Down 5.2 %

Shares of IDR stock opened at €10.98 ($11.56) on Friday. Idaho Strategic Resources, Inc. has a 1-year low of €4.84 ($5.09) and a 1-year high of €18.35 ($19.32). The stock has a market cap of $149.99 million, a price-to-earnings ratio of 21.53 and a beta of 0.81. The company has a quick ratio of 5.15, a current ratio of 5.52 and a debt-to-equity ratio of 0.06.

Idaho Strategic Resources (NYSEAMERICAN:IDR) last posted its earnings results on Monday, November 4th. The company reported €0.15 ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of €0.21 ($0.22) by (€0.06) (($0.06)). Idaho Strategic Resources had a return on equity of 24.55% and a net margin of 30.44%. The firm had revenue of €6.15 million for the quarter, compared to analyst estimates of €7.40 million. As a group, analysts expect that Idaho Strategic Resources, Inc. will post 0.71 EPS for the current year.

Hedge Funds Weigh In On Idaho Strategic Resources

Several institutional investors have recently modified their holdings of IDR. Brighton Jones LLC acquired a new position in shares of Idaho Strategic Resources during the second quarter worth about $496,000. State Street Corp raised its holdings in Idaho Strategic Resources by 245.5% in the third quarter. State Street Corp now owns 38,700 shares of the company’s stock valued at $622,000 after acquiring an additional 27,500 shares in the last quarter. D.A. Davidson & CO. purchased a new position in Idaho Strategic Resources in the third quarter worth approximately $417,000. Navellier & Associates Inc. grew its holdings in Idaho Strategic Resources by 104.6% during the 3rd quarter. Navellier & Associates Inc. now owns 49,817 shares of the company’s stock worth $801,000 after acquiring an additional 25,469 shares in the last quarter. Finally, Vanguard Group Inc. increased its position in shares of Idaho Strategic Resources by 3.6% in the 1st 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 during the last quarter. Institutional investors and hedge funds own 8.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Roth Mkm upped their price target on Idaho Strategic Resources from $10.00 to $14.00 and gave the company a “buy” rating in a research note 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.