Cvfg LLC acquired a new position in shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR – Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 21,050 shares of the company’s stock, valued at approximately $676,000.
Other large investors also recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Idaho Strategic Resources in the fourth quarter valued at $38,000. Rockefeller Capital Management L.P. purchased a new position in shares of Idaho Strategic Resources during the fourth quarter valued at $40,000. Sound Income Strategies LLC grew its holdings in shares of Idaho Strategic Resources by 4,000.0% during the fourth quarter. Sound Income Strategies LLC now owns 1,025 shares of the company’s stock valued at $45,000 after buying an additional 1,000 shares in the last quarter. Newbridge Financial Services Group Inc. acquired a new position in Idaho Strategic Resources during the third quarter valued at $47,000. Finally, Russell Investments Group Ltd. acquired a new position in Idaho Strategic Resources during the third quarter valued at $48,000. 8.70% of the stock is owned by institutional investors and hedge funds.
Idaho Strategic Resources Stock Performance
IDR stock opened at $29.71 on Thursday. The firm has a 50 day simple moving average of $37.52 and a 200 day simple moving average of $38.86. Idaho Strategic Resources, Inc. has a 52 week low of $12.70 and a 52 week high of $54.70. The stock has a market cap of $469.72 million, a P/E ratio of 20.92 and a beta of 1.20. The company has a debt-to-equity ratio of 0.01, a quick ratio of 12.48 and a current ratio of 12.77.
Wall Street Analyst Weigh In
Separately, Zacks Research raised Idaho Strategic Resources from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 31st. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. According to data from MarketBeat.com, Idaho Strategic Resources presently has a consensus rating of “Strong Buy”.
Read Our Latest Stock Report on IDR
Idaho Strategic Resources 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.
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