Key Points
- Director Richard Scott Beaven sold 2,000 shares on Nov. 18 at an average price of $34.64 for $69,280, reducing his holding by 15.17% to 11,183 shares (≈$387,379).
- Idaho Strategic beat Q3 estimates with EPS of $0.20 vs. $0.19 and revenue of $11.08M vs. $9.40M, reporting a return on equity of 18.6% and a net margin of 27.82%.
- The stock trades at a market cap of ~$529.8M and a PE of 48.54 with a 52-week range of $9.67–$54.70, yet analysts’ average price target is only $17.50 despite two Buy ratings.
Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR - Get Free Report) 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. The trade was a 15.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Idaho Strategic Resources Stock Performance
NYSEAMERICAN IDR opened at $33.98 on Wednesday. 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 stock has a market cap of $529.75 million, a PE ratio of 48.54 and a beta of 0.72. The stock has a fifty day simple moving average of $34.61 and a 200-day simple moving average of $23.84. Idaho Strategic Resources, Inc. has a twelve month low of $9.67 and a twelve month high of $54.70.
Idaho Strategic Resources (NYSEAMERICAN:IDR - Get Free Report) last issued its quarterly earnings data on Wednesday, November 12th. The company reported $0.20 earnings per share for the quarter, beating analysts' consensus estimates of $0.19 by $0.01. The business had revenue of $11.08 million during the quarter, compared to analysts' expectations of $9.40 million. Idaho Strategic Resources had a return on equity of 18.60% and a net margin of 27.82%. Equities analysts anticipate that Idaho Strategic Resources, Inc. will post 0.65 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Separately, Roth Capital reissued a "buy" rating on shares of Idaho Strategic Resources in a report on Monday, September 8th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of "Buy" and an average price target of $17.50.
View Our Latest Analysis on Idaho Strategic Resources
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in IDR. Police & Firemen s Retirement System of New Jersey purchased a new position in shares of Idaho Strategic Resources in the 2nd quarter worth $39,000. Newbridge Financial Services Group Inc. bought a new stake in Idaho Strategic Resources in the third quarter valued at about $47,000. Russell Investments Group Ltd. bought a new position in shares of Idaho Strategic Resources during the third quarter valued at approximately $48,000. AlphaQuest LLC boosted its position in shares of Idaho Strategic Resources by 6,301.6% during the 2nd quarter. AlphaQuest LLC now owns 3,969 shares of the company's stock valued at $52,000 after purchasing an additional 3,907 shares in the last quarter. Finally, Caitlin John LLC acquired a new position in shares of Idaho Strategic Resources in the third quarter worth about $53,000. Institutional investors and hedge funds own 8.70% of the company's stock.
About Idaho Strategic Resources
(
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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