Monique D. Hayes Sells 7,746 Shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) Stock

Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) insider Monique D. Hayes sold 7,746 shares of the company’s stock in a transaction dated Wednesday, November 13th. The stock was 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 sale, the insider now directly owns 27,670 shares in the company, valued at approximately €318,481.70 ($335,243.89). The trade was a 21.87 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Idaho Strategic Resources Trading Down 5.2 %

Shares of IDR opened at €10.98 ($11.56) on Friday. 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 firm has a market capitalization of $149.99 million, a price-to-earnings ratio of 21.53 and a beta of 0.81. Idaho Strategic Resources, Inc. has a 52-week low of €4.84 ($5.09) and a 52-week high of €18.35 ($19.32).

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

Analyst Ratings Changes

Separately, Roth Mkm upped their price objective on shares of Idaho Strategic Resources from $10.00 to $14.00 and gave the stock a “buy” rating in a research note on Monday, August 26th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. WR Wealth Planners LLC raised its position in shares of Idaho Strategic Resources by 145.2% during the 2nd 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 acquired a new stake in shares of Idaho Strategic Resources during the third quarter worth $40,000. Quantbot Technologies LP bought a new stake in Idaho Strategic Resources in the third quarter valued at about $79,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Idaho Strategic Resources in the third quarter valued at about $90,000. Finally, Dimensional Fund Advisors LP bought a new position in Idaho Strategic Resources during the second quarter worth about $108,000. 8.70% of the stock is currently owned by institutional investors and hedge funds.

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.