Idaho Strategic Resources, Inc. $IDR Stock Position Lifted by OMERS ADMINISTRATION Corp

Key Points

• OMERS ADMINISTRATION Corp increased its stake in Idaho Strategic Resources by 41.7%, acquiring an additional 13,600 shares, for a total of 46,200 shares valued at approximately $661,000.
• Despite the positive institutional activity, CEO John Swallow sold 100,000 shares at an average price of $15.27, reducing his ownership in the company by 10.75%.
• Idaho Strategic Resources' stock opened at $26.61 with a market cap of $386.11 million, and has a 52-week range of $9.67 to $29.69.

OMERS ADMINISTRATION Corp lifted its holdings in Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR - Free Report) by 41.7% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 46,200 shares of the company's stock after buying an additional 13,600 shares during the quarter. OMERS ADMINISTRATION Corp owned approximately 0.34% of Idaho Strategic Resources worth $661,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. American Century Companies Inc. lifted its position in shares of Idaho Strategic Resources by 25.1% in the 1st quarter. American Century Companies Inc. now owns 20,692 shares of the company's stock worth $296,000 after buying an additional 4,149 shares during the last quarter. National Bank of Canada FI bought a new stake in Idaho Strategic Resources in the 1st quarter valued at about $258,000. Citizens Financial Group Inc. RI bought a new stake in Idaho Strategic Resources in the 1st quarter valued at about $165,000. Jefferies Financial Group Inc. lifted its position in Idaho Strategic Resources by 5.7% in the 1st quarter. Jefferies Financial Group Inc. now owns 19,347 shares of the company's stock valued at $277,000 after purchasing an additional 1,047 shares during the last quarter. Finally, Squarepoint Ops LLC bought a new stake in Idaho Strategic Resources in the 4th quarter valued at about $270,000. 8.70% of the stock is currently owned by institutional investors.

Idaho Strategic Resources Stock Performance

NYSEAMERICAN:IDR traded down $0.37 during mid-day trading on Friday, hitting $27.84. The stock had a trading volume of 348,987 shares, compared to its average volume of 523,086. The stock has a market capitalization of $403.96 million, a price-to-earnings ratio of 42.83 and a beta of 0.77. The company has a 50 day simple moving average of $21.00 and a 200-day simple moving average of $16.36. Idaho Strategic Resources, Inc. has a 52 week low of $9.67 and a 52 week high of $29.69. The company has a current ratio of 5.11, a quick ratio of 4.78 and a debt-to-equity ratio of 0.04.

Insider Activity at Idaho Strategic Resources

In other news, CEO John Swallow sold 50,000 shares of Idaho Strategic Resources stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $23.51, for a total value of $1,175,500.00. Following the transaction, the chief executive officer owned 780,248 shares of the company's stock, valued at $18,343,630.48. The trade was a 6.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Monique D. Hayes sold 4,829 shares of Idaho Strategic Resources stock in a transaction that occurred on Friday, July 18th. The stock was sold at an average price of $21.00, for a total transaction of $101,409.00. Following the completion of the transaction, the insider directly owned 3,913 shares in the company, valued at $82,173. This represents a 55.24% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 174,053 shares of company stock worth $3,162,045 in the last ninety days. 8.69% of the stock is owned by insiders.

Idaho Strategic Resources 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.