Key Points
- CEO John Swallow sold 20,000 shares on Dec. 30 at an average of $41.72 for $834,400 and had sold 30,000 shares on Dec. 22 at $43.44 ($1,303,200), totaling 50,000 shares (~$2.14M); his stake fell to 645,778 shares (a ~3% ownership decrease, valued at about $26.94M).
- Shares opened at $41.49 and were down 3.7%; the company has a market cap of ~$646.8M, a P/E of 59.27, 50-/200-day moving averages of $37.41/$29.53, and a 12-month range of $9.90–$54.70.
- Idaho Strategic Resources reported Q earnings of $0.20 EPS (beating $0.19) and revenue of $11.08M (vs. $9.40M est.); two analysts rate the stock a Buy, but the consensus price target is $17.50, well below the current share price.
Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR - Get Free Report) CEO John Swallow sold 20,000 shares of the stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $41.72, for a total transaction of $834,400.00. Following the transaction, the chief executive officer owned 645,778 shares in the company, valued at approximately $26,941,858.16. This represents a 3.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.
John Swallow also recently made the following trade(s):
- On Monday, December 22nd, John Swallow sold 30,000 shares of Idaho Strategic Resources stock. The stock was sold at an average price of $43.44, for a total transaction of $1,303,200.00.
Idaho Strategic Resources Stock Down 3.7%
Idaho Strategic Resources stock opened at $41.49 on Wednesday. The company has a quick ratio of 8.34, a current ratio of 8.55 and a debt-to-equity ratio of 0.02. The firm has a market cap of $646.83 million, a P/E ratio of 59.27 and a beta of 0.98. The business has a fifty day moving average of $37.41 and a two-hundred day moving average of $29.53. Idaho Strategic Resources, Inc. has a twelve month low of $9.90 and a twelve month high of $54.70.
Idaho Strategic Resources (NYSEAMERICAN:IDR - Get Free Report) last released its quarterly earnings results on Wednesday, November 12th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.19 by $0.01. Idaho Strategic Resources had a return on equity of 18.60% and a net margin of 27.82%.The firm had revenue of $11.08 million during the quarter, compared to analyst estimates of $9.40 million. On average, analysts forecast that Idaho Strategic Resources, Inc. will post 0.65 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Separately, Roth Capital reaffirmed a "buy" rating on shares of Idaho Strategic Resources in a research report on Friday, December 12th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of $17.50.
Get Our Latest Stock Analysis on Idaho Strategic Resources
Institutional Investors Weigh In On Idaho Strategic Resources
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Police & Firemen s Retirement System of New Jersey acquired a new stake in Idaho Strategic Resources in the second quarter worth about $39,000. Newbridge Financial Services Group Inc. acquired a new position in shares of Idaho Strategic Resources during the third quarter valued at about $47,000. Russell Investments Group Ltd. purchased a new position in shares of Idaho Strategic Resources in the 3rd quarter valued at approximately $48,000. AlphaQuest LLC raised its position 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 valued at $52,000 after purchasing an additional 3,907 shares during the last quarter. Finally, Caitlin John LLC acquired a new stake in Idaho Strategic Resources in the 3rd quarter worth approximately $53,000. 8.70% of the stock is currently owned by hedge funds and other institutional investors.
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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