Insider Selling: Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) CEO Sells 140,687 Shares of Stock

Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) CEO John Swallow sold 140,687 shares of the business’s stock in a transaction on Monday, May 6th. The shares were sold at an average price of €8.39 ($9.02), for a total transaction of €1,180,363.93 ($1,269,208.53). Following the sale, the chief executive officer now owns 1,203,546 shares of the company’s stock, valued at €10,097,750.94 ($10,857,796.71). The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Idaho Strategic Resources Stock Up 1.5 %

NYSEAMERICAN IDR opened at €9.25 ($9.95) on Thursday. Idaho Strategic Resources, Inc. has a 52 week low of €4.48 ($4.82) and a 52 week high of €9.88 ($10.62). The company has a quick ratio of 2.06, a current ratio of 2.57 and a debt-to-equity ratio of 0.07. The stock has a market cap of $116.18 million, a PE ratio of 102.79 and a beta of 0.71.

Idaho Strategic Resources (NYSEAMERICAN:IDR) last announced its earnings results on Monday, March 25th. The company reported €0.02 ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of €0.05 ($0.05) by (€0.03) (($0.03)). Idaho Strategic Resources had a net margin of 8.49% and a return on equity of 5.98%. The business had revenue of €3.78 million for the quarter, compared to the consensus estimate of €3.70 million. On average, equities analysts predict that Idaho Strategic Resources, Inc. will post 0.27 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Roth Mkm lifted their price objective on Idaho Strategic Resources from $9.00 to $10.00 and gave the stock a “buy” rating in a report on Tuesday, April 2nd.

Institutional Investors Weigh In On Idaho Strategic Resources

A hedge fund recently raised its stake in Idaho Strategic Resources stock. Salem Investment Counselors Inc. raised its stake in shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) by 30.0% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 17,354 shares of the company’s stock after purchasing an additional 4,000 shares during the period. Salem Investment Counselors Inc. owned 0.14% of Idaho Strategic Resources worth $147,000 as of its most recent SEC filing. Institutional investors own 8.70% of the company’s stock.

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.