Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) CEO Sells €2,934,000.00 in Stock

Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR - Get Free Report) CEO John Swallow sold 225,000 shares of the business's stock in a transaction that occurred on Thursday, November 7th. The shares were 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 completion of the transaction, the chief executive officer now directly owns 955,248 shares of the company's stock, valued at approximately €12,456,433.92 ($13,688,388.92). This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Idaho Strategic Resources Stock Down 1.2 %

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

Idaho Strategic Resources (NYSEAMERICAN:IDR - Get Free Report) last issued its quarterly earnings results on Monday, November 4th. The company reported €0.15 ($0.16) EPS for the quarter, missing the consensus estimate of €0.21 ($0.23) by (€0.06) (($0.07)). Idaho Strategic Resources had a return on equity of 27.43% and a net margin of 30.44%. The company had revenue of €6.15 million for the quarter, compared to analyst estimates of €7.40 million. Equities analysts predict that Idaho Strategic Resources, Inc. will post 0.77 earnings per share for the current year.

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Separately, Roth Mkm boosted their price objective 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.

Check Out Our Latest Report on Idaho Strategic Resources

Institutional Investors Weigh In On Idaho Strategic Resources

Several large investors have recently made changes to their positions in IDR. WR Wealth Planners LLC increased its position in shares of Idaho Strategic Resources by 145.2% in the second quarter. WR Wealth Planners LLC now owns 3,923 shares of the company's stock worth $39,000 after acquiring an additional 2,323 shares in the last quarter. Eastern Bank acquired a new stake in shares of Idaho Strategic Resources in the third quarter worth $40,000. Dimensional Fund Advisors LP acquired a new stake in shares of Idaho Strategic Resources in the second quarter worth $108,000. Brighton Jones LLC purchased a new position in shares of Idaho Strategic Resources in the second quarter valued at $496,000. Finally, Renaissance Technologies LLC boosted its stake 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 during the period. 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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