Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) CEO John Swallow Sells 140,687 Shares of Stock

Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) CEO John Swallow sold 140,687 shares of the stock in a transaction on Monday, May 6th. The shares were sold at an average price of €8.39 ($9.02), for a total value of €1,180,363.93 ($1,269,208.53). Following the transaction, the chief executive officer now directly owns 1,203,546 shares of the company’s stock, valued at €10,097,750.94 ($10,857,796.71). The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Idaho Strategic Resources Stock Up 6.9 %

NYSEAMERICAN IDR opened at €9.11 ($9.80) on Wednesday. The company has a current ratio of 2.57, a quick ratio of 2.06 and a debt-to-equity ratio of 0.07. The stock has a market cap of $114.42 million, a price-to-earnings ratio of 101.23 and a beta of 0.71. Idaho Strategic Resources, Inc. has a 52 week low of €4.48 ($4.82) and a 52 week high of €9.70 ($10.43).

Idaho Strategic Resources (NYSEAMERICAN:IDR) last announced its quarterly earnings results on Monday, March 25th. The company reported €0.02 ($0.02) EPS for the quarter, missing analysts’ consensus estimates of €0.05 ($0.05) by (€0.03) (($0.03)). The business had revenue of €3.78 million for the quarter, compared to analysts’ expectations of €3.70 million. Idaho Strategic Resources had a net margin of 8.49% and a return on equity of 5.98%. As a group, research analysts forecast that Idaho Strategic Resources, Inc. will post 0.27 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Roth Mkm boosted their target price on Idaho Strategic Resources from $9.00 to $10.00 and gave the company a “buy” rating in a research note on Tuesday, April 2nd.

Institutional Investors Weigh In On Idaho Strategic Resources

A hedge fund recently bought a new stake in Idaho Strategic Resources stock. Salem Investment Counselors Inc. acquired a new stake in shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 13,354 shares of the company’s stock, valued at approximately $85,000. Salem Investment Counselors Inc. owned approximately 0.11% of Idaho Strategic Resources at the end of the most recent quarter. Hedge funds and other institutional investors own 8.70% of the company’s stock.

Idaho Strategic Resources Company Profile

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.