Idaho Strategic Resources (NYSEAMERICAN:IDR) CEO John Swallow Sells 50,000 Shares

Key Points

• John Swallow, CEO of Idaho Strategic Resources, sold 50,000 shares at an average price of €23.51, totaling €1,175,500, decreasing his ownership by 6.02% to 780,248 shares.
• Idaho Strategic Resources stock traded down €3.19 to €23.67, with a market cap of $343.45 million and a price-to-earnings ratio of 36.42.
• Several institutional investors recently acquired stakes in Idaho Strategic Resources, collectively owning 8.70% of the company's stock, indicating growing interest from larger investors.

Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR - Get Free Report) CEO John Swallow sold 50,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of €23.51, for a total transaction of €1,175,500.00. Following the transaction, the chief executive officer directly owned 780,248 shares of the company's stock, valued at €18,343,630.48. This represents a 6.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

John Swallow also recently made the following trade(s):

• On Thursday, July 10th, John Swallow sold 100,000 shares of Idaho Strategic Resources stock. The stock was sold at an average price of €15.27, for a total transaction of €1,527,000.00.

Idaho Strategic Resources Stock Performance

Shares of NYSEAMERICAN:IDR traded down €3.19 during trading on Tuesday, hitting €23.67. 773,500 shares of the stock traded hands, compared to its average volume of 327,534. The company has a quick ratio of 4.78, a current ratio of 5.11 and a debt-to-equity ratio of 0.04. The company has a market cap of $343.45 million, a price-to-earnings ratio of 36.42 and a beta of 0.71. The company has a fifty day moving average price of €17.64 and a two-hundred day moving average price of €14.96. Idaho Strategic Resources, Inc. has a 52-week low of €9.67 and a 52-week high of €27.44.

Institutional Investors Weigh In On Idaho Strategic Resources

Institutional investors have recently added to or reduced their stakes in the stock. Police & Firemen s Retirement System of New Jersey acquired a new stake in Idaho Strategic Resources in the 2nd quarter valued at $39,000. AlphaQuest LLC boosted its stake in Idaho Strategic Resources by 6,301.6% during the 2nd quarter. AlphaQuest LLC now owns 3,969 shares of the company's stock worth $52,000 after purchasing an additional 3,907 shares during the last quarter. JPMorgan Chase & Co. acquired a new stake in Idaho Strategic Resources during the 2nd quarter worth $78,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Idaho Strategic Resources during the 2nd quarter worth $90,000. Finally, New York State Common Retirement Fund acquired a new stake in Idaho Strategic Resources during the 2nd quarter worth $98,000. Institutional investors and hedge funds own 8.70% of the company's stock.

About Idaho Strategic Resources

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.

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