Idaho Strategic Resources (NYSEAMERICAN:IDR) Stock Price Passes Above 200 Day Moving Average of $0.00

Shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €0.00 ($0.00) and traded as high as €10.38 ($11.28). Idaho Strategic Resources shares last traded at €9.94 ($10.80), with a volume of 38,200 shares.

Wall Street Analysts Forecast Growth

Separately, Roth Mkm raised their price target on shares of Idaho Strategic Resources from $9.00 to $10.00 and gave the stock a "buy" rating in a report on Tuesday, April 2nd.

Idaho Strategic Resources Stock Down 4.4 %

The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.65 and a current ratio of 4.08. The firm has a market capitalization of $121.03 million, a P/E ratio of 39.76 and a beta of 0.71.

Idaho Strategic Resources (NYSEAMERICAN:IDR - Get Free Report) last posted its quarterly earnings data on Monday, May 6th. The company reported €0.17 ($0.18) EPS for the quarter, topping the consensus estimate of €0.06 ($0.07) by €0.11 ($0.12). The company had revenue of €5.90 million during the quarter, compared to analyst estimates of €4.90 million. Idaho Strategic Resources had a return on equity of 15.71% and a net margin of 20.16%. As a group, analysts expect that Idaho Strategic Resources, Inc. will post 0.27 earnings per share for the current year.

Insider Activity

In other Idaho Strategic Resources news, CEO John Swallow sold 140,687 shares of the business's stock in a transaction on Monday, May 6th. The stock was sold at an average price of €8.39 ($9.12), for a total transaction of €1,180,363.93 ($1,283,004.27). Following the transaction, the chief executive officer now owns 1,203,546 shares of the company's stock, valued at €10,097,750.94 ($10,975,816.24). The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 12.74% of the company's stock.

Hedge Funds Weigh In On Idaho Strategic Resources

A hedge fund recently bought a new stake in Idaho Strategic Resources stock. Salem Investment Counselors Inc. bought a new position in shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 13,354 shares of the company's stock, valued at approximately $85,000. Salem Investment Counselors Inc. owned 0.11% of Idaho Strategic Resources at the end of the most recent reporting period. Institutional investors own 8.70% of the company's stock.

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.