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

Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR)’s stock price crossed 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 changing hands.

Analyst Ratings Changes

Separately, Roth Mkm increased their price target 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 Stock Performance

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 company has a market capitalization of $113.04 million, a price-to-earnings ratio of 100.01 and a beta of 0.68.

Idaho Strategic Resources (NYSEAMERICAN:IDR) last posted its 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)). Idaho Strategic Resources had a net margin of 8.49% and a return on equity of 5.98%. The business had revenue of €3.78 million for the quarter, compared to analyst estimates of €3.70 million. As a group, equities research analysts forecast that Idaho Strategic Resources, Inc. will post 0.27 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Idaho Strategic Resources

An institutional investor recently bought a new position in Idaho Strategic Resources stock. Salem Investment Counselors Inc. bought a new position in Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 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 reporting period. Institutional investors and hedge funds 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.