John Swallow Sells 100,000 Shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) Stock

Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR - Get Free Report) CEO John Swallow sold 100,000 shares of Idaho Strategic Resources stock in a transaction dated Thursday, July 10th. The shares were sold at an average price of €15.27 ($17.76), for a total transaction of €1,527,000.00 ($1,775,581.40). Following the sale, the chief executive officer owned 830,248 shares of the company's stock, valued at €12,677,886.96 ($14,741,729.02). The trade was a 10.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Idaho Strategic Resources Price Performance

IDR stock traded up €1.26 ($1.47) during midday trading on Monday, reaching €18.02 ($20.95). The stock had a trading volume of 1,052,200 shares, compared to its average volume of 284,790. Idaho Strategic Resources, Inc. has a 52-week low of €9.58 ($11.14) and a 52-week high of €19.75 ($22.97). The company has a current ratio of 4.37, a quick ratio of 3.96 and a debt-to-equity ratio of 0.06. The company's fifty day simple moving average is €13.70 and its 200 day simple moving average is €13.21. The company has a market cap of $253.36 million, a price-to-earnings ratio of 29.06 and a beta of 0.80.

Institutional Trading of Idaho Strategic Resources

Several large investors have recently bought and sold shares of IDR. Bank of New York Mellon Corp increased its stake in shares of Idaho Strategic Resources by 225.6% in the 4th quarter. Bank of New York Mellon Corp now owns 53,280 shares of the company's stock worth $543,000 after acquiring an additional 36,914 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Idaho Strategic Resources in the fourth quarter valued at about $583,000. Enhancing Capital LLC purchased a new position in Idaho Strategic Resources during the fourth quarter worth about $525,000. American Century Companies Inc. acquired a new position in Idaho Strategic Resources in the 4th quarter valued at about $169,000. Finally, Arrowstreet Capital Limited Partnership boosted its holdings 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 purchasing an additional 91,366 shares during the last quarter. Hedge funds and other institutional investors own 8.70% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on IDR shares. Roth Capital set a $17.50 target price on Idaho Strategic Resources in a report on Thursday, April 3rd. Roth Mkm boosted their price target on Idaho Strategic Resources from $16.50 to $17.50 and gave the stock a "buy" rating in a research 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.