American Century Companies Inc. Makes New Investment in Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR)

American Century Companies Inc. acquired a new stake in shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 16,543 shares of the company’s stock, valued at approximately $169,000.

Other institutional investors have also recently made changes to their positions in the company. Navellier & Associates Inc. lifted its position in Idaho Strategic Resources by 160.5% in the fourth quarter. Navellier & Associates Inc. now owns 129,767 shares of the company’s stock worth $1,322,000 after buying an additional 79,950 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Idaho Strategic Resources in the fourth quarter valued at $583,000. Enhancing Capital LLC bought a new stake in shares of Idaho Strategic Resources in the 4th quarter worth about $525,000. Bank of New York Mellon Corp boosted its stake in shares of Idaho Strategic Resources by 225.6% during the 4th quarter. Bank of New York Mellon Corp now owns 53,280 shares of the company’s stock worth $543,000 after purchasing an additional 36,914 shares during the period. Finally, D.A. Davidson & CO. boosted its stake in shares of Idaho Strategic Resources by 124.2% during the 4th quarter. D.A. Davidson & CO. now owns 58,222 shares of the company’s stock worth $593,000 after purchasing an additional 32,250 shares during the period. Hedge funds and other institutional investors own 8.70% of the company’s stock.

Idaho Strategic Resources Stock Up 1.8 %

Shares of NYSEAMERICAN:IDR opened at €17.42 ($19.80) on Tuesday. The company has a quick ratio of 5.15, a current ratio of 5.52 and a debt-to-equity ratio of 0.06. The business’s 50 day moving average is €13.57 and its 200 day moving average is €12.95. The stock has a market cap of $237.96 million, a P/E ratio of 34.16 and a beta of 0.80. Idaho Strategic Resources, Inc. has a 52-week low of €7.59 ($8.63) and a 52-week high of €18.35 ($20.85).

Analyst Upgrades and Downgrades

IDR has been the topic of a number of analyst reports. Roth Capital set a $17.50 target price on Idaho Strategic Resources in a research note on Thursday, April 3rd. Roth Mkm upped their price objective on Idaho Strategic Resources from $16.50 to $17.50 and gave the company a “buy” rating in a research report on Thursday, April 3rd.

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.