OMERS ADMINISTRATION Corp Takes $332,000 Position in Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR)

OMERS ADMINISTRATION Corp bought a new position in Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 32,600 shares of the company's stock, valued at approximately $332,000. OMERS ADMINISTRATION Corp owned about 0.24% of Idaho Strategic Resources as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. Arrowstreet Capital Limited Partnership grew its position in Idaho Strategic Resources by 80.4% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 205,031 shares of the company's stock worth $2,089,000 after acquiring an additional 91,366 shares during the last quarter. Marshall Wace LLP lifted its holdings in Idaho Strategic Resources by 43.1% in the 4th quarter. Marshall Wace LLP now owns 139,434 shares of the company's stock worth $1,421,000 after buying an additional 41,998 shares during the period. Navellier & Associates Inc. lifted its holdings in Idaho Strategic Resources by 160.5% in the 4th quarter. Navellier & Associates Inc. now owns 129,767 shares of the company's stock worth $1,322,000 after buying an additional 79,950 shares during the period. Millennium Management LLC lifted its holdings in Idaho Strategic Resources by 169.6% in the 4th quarter. Millennium Management LLC now owns 120,768 shares of the company's stock worth $1,231,000 after buying an additional 75,969 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in Idaho Strategic Resources by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 118,134 shares of the company's stock worth $1,205,000 after buying an additional 2,833 shares during the period. 8.70% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Kevin G. Shiell sold 3,500 shares of Idaho Strategic Resources stock in a transaction on Friday, May 23rd. The stock was sold at an average price of €13.37 ($15.19), for a total value of €46,795.00 ($53,176.14). Following the completion of the sale, the director now owns 47,867 shares of the company's stock, valued at €639,981.79 ($727,252.03). The trade was a 6.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. In the last quarter, insiders sold 7,786 shares of company stock valued at $100,814. Corporate insiders own 12.66% of the company's stock.

Idaho Strategic Resources Stock Up 8.6%

NYSEAMERICAN:IDR traded up €1.07 ($1.22) during trading hours on Friday, reaching €13.50 ($15.34). 475,200 shares of the company traded hands, compared to its average volume of 234,541. The stock has a market capitalization of $184.41 million, a P/E ratio of 26.47 and a beta of 0.80. The business's 50-day moving average price is €15.08 and its two-hundred day moving average price is €13.46. Idaho Strategic Resources, Inc. has a 1 year low of €8.57 ($9.74) and a 1 year high of €19.75 ($22.44). The company has a current ratio of 5.52, a quick ratio of 5.15 and a debt-to-equity ratio of 0.06.

Analysts Set New Price Targets

Several equities research analysts have weighed in on IDR shares. Roth Mkm increased their price objective on Idaho Strategic Resources from $16.50 to $17.50 and gave the stock a "buy" rating in a report 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.