Two Sigma Investments LP Makes New $204,000 Investment in Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR)

Two Sigma Investments LP bought a new position in shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 20,030 shares of the company's stock, valued at approximately $204,000. Two Sigma Investments LP owned approximately 0.15% of Idaho Strategic Resources at the end of the most recent quarter.

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

Insiders Place Their Bets

In other Idaho Strategic Resources news, Director Kevin G. Shiell sold 3,500 shares of the stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of €13.37 ($15.37), for a total value of €46,795.00 ($53,787.36). Following the completion of the sale, the director now owns 47,867 shares in the company, valued at approximately €639,981.79 ($735,611.25). This trade represents a 6.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In the last three months, insiders have sold 7,786 shares of company stock worth $100,814. Corporate insiders own 12.66% of the company's stock.

Idaho Strategic Resources Trading Up 3.7%

IDR traded up €0.51 ($0.59) during trading on Friday, reaching €14.37 ($16.52). 349,659 shares of the company's stock were exchanged, compared to its average volume of 247,636. The stock has a market capitalization of $196.29 million, a PE ratio of 28.18 and a beta of 0.80. The firm has a fifty day moving average price of €14.94 and a two-hundred day moving average price of €13.54. The company has a current ratio of 5.52, a quick ratio of 5.15 and a debt-to-equity ratio of 0.06. Idaho Strategic Resources, Inc. has a one year low of €8.90 ($10.23) and a one year high of €19.75 ($22.70).

Analyst Ratings Changes

Several brokerages have issued reports on IDR. Roth Mkm lifted their price target on shares of Idaho Strategic Resources from $16.50 to $17.50 and gave the company a "buy" rating in a research note on Thursday, April 3rd. Roth Capital set a $17.50 price objective on shares of Idaho Strategic Resources in a research note on Thursday, April 3rd.

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.