Monique D. Hayes Sells 12,724 Shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) Stock

Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR - Get Free Report) insider Monique D. Hayes sold 12,724 shares of the company's stock in a transaction that occurred on Thursday, July 10th. The shares were sold at an average price of €15.36 ($17.86), for a total value of €195,440.64 ($227,256.56). Following the completion of the transaction, the insider directly owned 8,742 shares in the company, valued at €134,277.12 ($156,136.19). The trade was a 59.28% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Idaho Strategic Resources Price Performance

NYSEAMERICAN:IDR traded up €0.58 ($0.67) during trading hours on Friday, reaching €16.76 ($19.49). 729,900 shares of the company were exchanged, compared to its average volume of 278,887. The company has a market capitalization of $235.65 million, a P/E ratio of 27.03 and a beta of 0.80. Idaho Strategic Resources, Inc. has a 1-year low of €9.58 ($11.14) and a 1-year high of €19.75 ($22.97). The company has a debt-to-equity ratio of 0.06, a current ratio of 4.37 and a quick ratio of 3.96. The business has a 50 day moving average of €13.70 and a 200 day moving average of €13.20.

Analysts Set New Price Targets

IDR has been the topic of several research reports. Roth Mkm upped their target price on Idaho Strategic Resources from $16.50 to $17.50 and gave the company a "buy" rating in a research report on Thursday, April 3rd. Roth Capital set a $17.50 target price on Idaho Strategic Resources in a research report on Thursday, April 3rd.

Institutional Investors Weigh In On Idaho Strategic Resources

A number of large investors have recently added to or reduced their stakes in IDR. Barclays PLC boosted its holdings in shares of Idaho Strategic Resources by 121.1% in the 4th quarter. Barclays PLC now owns 21,758 shares of the company's stock valued at $222,000 after purchasing an additional 11,918 shares in the last quarter. Millennium Management LLC boosted its holdings in shares of Idaho Strategic Resources by 169.6% in the 4th 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 in the last quarter. Squarepoint Ops LLC acquired a new stake in shares of Idaho Strategic Resources in the 4th quarter valued at $270,000. Renaissance Technologies LLC boosted its holdings in shares of Idaho Strategic Resources by 265.2% in the 4th quarter. Renaissance Technologies LLC now owns 39,074 shares of the company's stock valued at $398,000 after purchasing an additional 28,374 shares in the last quarter. Finally, BNP Paribas Financial Markets acquired a new stake in shares of Idaho Strategic Resources in the 4th quarter valued at $150,000. 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.