57,759 Shares in Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) Acquired by 683 Capital Management LLC

683 Capital Management LLC purchased a new position in shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 57,759 shares of the company's stock, valued at approximately $589,000. 683 Capital Management LLC owned about 0.42% of Idaho Strategic Resources as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Barclays PLC grew its position in shares of Idaho Strategic Resources by 10,713.2% in the third quarter. Barclays PLC now owns 9,840 shares of the company's stock valued at $158,000 after purchasing an additional 9,749 shares during the last quarter. Geode Capital Management LLC boosted its stake in Idaho Strategic Resources by 9.5% in the 3rd quarter. Geode Capital Management LLC now owns 115,301 shares of the company's stock valued at $1,854,000 after purchasing an additional 9,991 shares during the period. JPMorgan Chase & Co. grew its holdings in Idaho Strategic Resources by 59,773.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 15,567 shares of the company's stock valued at $250,000 after buying an additional 15,541 shares in the last quarter. State Street Corp lifted its holdings in shares of Idaho Strategic Resources by 245.5% during the third quarter. State Street Corp now owns 38,700 shares of the company's stock worth $622,000 after buying an additional 27,500 shares in the last quarter. Finally, D.A. Davidson & CO. boosted its position in shares of Idaho Strategic Resources by 124.2% in the fourth quarter. D.A. Davidson & CO. now owns 58,222 shares of the company's stock valued at $593,000 after acquiring an additional 32,250 shares during the period. Institutional investors own 8.70% of the company's stock.

Idaho Strategic Resources Price Performance

Shares of IDR stock traded up €0.69 ($0.78) on Monday, hitting €15.67 ($17.81). 252,324 shares of the company's stock were exchanged, compared to its average volume of 219,840. The company has a 50 day moving average of €14.61 and a 200 day moving average of €13.39. The stock has a market cap of $214.05 million, a P/E ratio of 30.73 and a beta of 0.80. The company has a debt-to-equity ratio of 0.06, a current ratio of 5.52 and a quick ratio of 5.15. Idaho Strategic Resources, Inc. has a 12 month low of €8.35 ($9.49) and a 12 month high of €19.75 ($22.44).

Wall Street Analyst Weigh In

IDR has been the subject of several analyst reports. Roth Mkm lifted their price objective on shares of Idaho Strategic Resources from $16.50 to $17.50 and gave the stock a "buy" rating in a research note on Thursday, April 3rd. Roth Capital set a $17.50 price objective on Idaho Strategic Resources in a report on Thursday, April 3rd.

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.