Idaho Strategic Resources (NYSEAMERICAN:IDR – Get Free Report) issued its quarterly earnings results on Thursday. The company reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01), FiscalAI reports. The firm had revenue of $10.73 million during the quarter, compared to the consensus estimate of $12.50 million. Idaho Strategic Resources had a net margin of 43.33% and a return on equity of 23.94%.
Idaho Strategic Resources Price Performance
Shares of NYSEAMERICAN IDR traded down $3.49 during trading on Thursday, hitting $31.23. The company had a trading volume of 312,035 shares, compared to its average volume of 317,282. Idaho Strategic Resources has a 52 week low of $22.31 and a 52 week high of $54.70. The business’s 50-day moving average is $32.15 and its 200 day moving average is $36.28. The company has a market cap of $493.75 million, a P/E ratio of 22.01 and a beta of 1.23. The company has a debt-to-equity ratio of 0.01, a quick ratio of 12.48 and a current ratio of 12.77.
Institutional Investors Weigh In On Idaho Strategic Resources
Hedge funds have recently bought and sold shares of the business. Newbridge Financial Services Group Inc. purchased a new position in Idaho Strategic Resources during the 3rd quarter valued at about $47,000. Russell Investments Group Ltd. purchased a new position in Idaho Strategic Resources during the third quarter valued at approximately $48,000. Kestra Advisory Services LLC acquired a new position in Idaho Strategic Resources in the 4th quarter valued at approximately $66,000. BNP Paribas Financial Markets increased its stake in Idaho Strategic Resources by 135.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,513 shares of the company’s stock valued at $85,000 after buying an additional 1,444 shares during the period. Finally, Wilkerson Advisory Group LLC purchased a new stake in Idaho Strategic Resources in the 4th quarter worth approximately $157,000. 8.70% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Read Our Latest Report on Idaho Strategic Resources
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.
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