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NYSEAMERICAN:IDR

Idaho Strategic Resources Q2 2024 Earnings Report

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€19.11 +1.09 (+6.05%)
As of 06:30 PM Eastern

Idaho Strategic Resources EPS Results

Actual EPS
€0.17
Consensus EPS
€0.07
Beat/Miss
Beat by +€0.10
One Year Ago EPS
N/A

Idaho Strategic Resources Revenue Results

Actual Revenue
$6.13 million
Expected Revenue
$5.20 million
Beat/Miss
Beat by +$930.00 thousand
YoY Revenue Growth
N/A

Idaho Strategic Resources Announcement Details

Quarter
Q2 2024
Time
N/A
Conference Call Date
Tuesday, July 30, 2024
Conference Call Time
7:00AM ET

Earnings Documents

Idaho Strategic Resources Earnings Headlines

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Idaho Strategic Resources Q3 EPS Lifted by Roth Capital
Idaho Strategic Resources Q2 EPS Reduced by Roth Capital
See More Idaho Strategic Resources Headlines
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About Idaho Strategic Resources

Idaho Strategic Resources (NYSEAMERICAN:IDR) (NYSEAMERICAN:IDR) is a U.S.-based mineral production company focused on the extraction and processing of tungsten concentrate from its flagship Bear River mine in Caribou County, Idaho. The company operates an on-site gravity separation facility that processes scheelite ore to produce a high-purity tungsten trioxide concentrate. This concentrate is marketed to manufacturers in the hard‐metal, drilling, and specialty alloys sectors, where tungsten’s unique properties of hardness, heat resistance and durability are in high demand.

The company traces its origins to small-scale mining efforts in the early 20th century, with commercial operations commencing in the 1930s. After periods of intermittent activity, Bear River was revitalized in the mid‐2000s and expanded under the umbrella of Idaho Strategic Resources. The firm has since focused on modernizing its processing plant, improving recovery rates, and implementing stringent environmental and safety practices in compliance with federal and state regulations.

Leadership at Idaho Strategic Resources is anchored by an experienced management team that combines expertise in mining engineering, metallurgy and finance. The company’s President and Chief Executive Officer oversees strategic planning and operational efficiency, supported by a board of directors with deep industry backgrounds. This leadership group emphasizes sustainable resource development and cost control, while exploring potential expansions to enhance production capacity and diversify the company’s resource portfolio.

Idaho Strategic Resources primarily serves domestic and international clients, shipping tungsten concentrate to processing facilities across North America, Europe and Asia. The company’s strategic location in Idaho provides access to key transportation corridors and a skilled workforce, reinforcing its role as a reliable supplier within the global tungsten market. Looking ahead, Idaho Strategic Resources continues to evaluate exploration opportunities in the region to support future growth and secure its position in critical‐materials supply chains.

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