Idaho Strategic Resources (NYSEAMERICAN:IDR) Issues Earnings Results, Misses Expectations By $0.06 EPS

Idaho Strategic Resources (NYSEAMERICAN:IDR) released its quarterly earnings data on Monday. The company reported €0.15 ($0.16) EPS for the quarter, missing the consensus estimate of €0.21 ($0.23) by (€0.06) (($0.07)), Zacks reports. The business had revenue of €6.15 million for the quarter, compared to analysts’ expectations of €7.40 million. Idaho Strategic Resources had a net margin of 30.44% and a return on equity of 27.43%.

Idaho Strategic Resources Stock Performance

Shares of NYSEAMERICAN:IDR traded up €0.59 ($0.65) during midday trading on Thursday, reaching €13.72 ($15.08). 33,590 shares of the company traded hands, compared to its average volume of 104,962. The firm has a market cap of $177.81 million, a price-to-earnings ratio of 25.75 and a beta of 0.81. The company has a debt-to-equity ratio of 0.07, a quick ratio of 5.58 and a current ratio of 6.01. Idaho Strategic Resources has a 12 month low of €4.75 ($5.22) and a 12 month high of €18.35 ($20.16).

Wall Street Analysts Forecast Growth

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

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.