Idaho Strategic Resources (NYSEAMERICAN:IDR) Shares Cross Above 200-Day Moving Average of $0.00

Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €0.00 ($0.00) and traded as high as €9.38 ($9.98). Idaho Strategic Resources shares last traded at €9.00 ($9.57), with a volume of 12,800 shares trading hands.

Wall Street Analyst Weigh In

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

Idaho Strategic Resources Trading Down 1.3 %

The firm has a market capitalization of $113.04 million, a PE ratio of 100.01 and a beta of 0.68. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.06 and a current ratio of 2.57.

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

Institutional Inflows and Outflows

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

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.