Insider Selling: Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) Insider Sells 7,746 Shares of Stock

Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) insider Monique D. Hayes sold 7,746 shares of the business’s stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of €11.51 ($12.12), for a total transaction of €89,156.46 ($93,848.91). Following the completion of the transaction, the insider now directly owns 27,670 shares of the company’s stock, valued at €318,481.70 ($335,243.89). This trade represents a 21.87 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Idaho Strategic Resources Price Performance

Shares of Idaho Strategic Resources stock opened at €10.98 ($11.56) on Friday. Idaho Strategic Resources, Inc. has a 52-week low of €4.84 ($5.09) and a 52-week high of €18.35 ($19.32). The company has a current ratio of 5.52, a quick ratio of 5.15 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $149.99 million, a P/E ratio of 21.53 and a beta of 0.81.

Idaho Strategic Resources (NYSEAMERICAN:IDR) last announced its quarterly earnings data on Monday, November 4th. The company reported €0.15 ($0.16) EPS for the quarter, missing analysts’ consensus estimates of €0.21 ($0.22) by (€0.06) (($0.06)). The business had revenue of €6.15 million during the quarter, compared to the consensus estimate of €7.40 million. Idaho Strategic Resources had a return on equity of 24.55% and a net margin of 30.44%. As a group, equities analysts forecast that Idaho Strategic Resources, Inc. will post 0.71 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Idaho Strategic Resources

A number of large investors have recently modified their holdings of the business. 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 valued at $39,000 after acquiring an additional 2,323 shares during the last quarter. Eastern Bank bought a new position in Idaho Strategic Resources in the third quarter valued at approximately $40,000. Quantbot Technologies LP acquired a new position in shares of Idaho Strategic Resources during the 3rd quarter worth approximately $79,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Idaho Strategic Resources during the 3rd quarter worth approximately $90,000. Finally, Dimensional Fund Advisors LP acquired a new stake in shares of Idaho Strategic Resources in the 2nd quarter valued at approximately $108,000. 8.70% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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.

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.