Idaho Strategic Resources (NYSEAMERICAN:IDR) CEO Sells $834,400.00 in Stock

Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) CEO John Swallow sold 20,000 shares of the company’s stock in a transaction dated Tuesday, December 30th. The stock was sold at an average price of $41.72, for a total value of $834,400.00. Following the completion of the transaction, the chief executive officer directly owned 645,778 shares of the company’s stock, valued at $26,941,858.16. The trade was a 3.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

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

• On Monday, December 22nd, John Swallow sold 30,000 shares of Idaho Strategic Resources stock. The shares were sold at an average price of $43.44, for a total value of $1,303,200.00.

Idaho Strategic Resources Price Performance

NYSEAMERICAN IDR traded down $1.59 on Tuesday, hitting $41.49. The company had a trading volume of 1,450,575 shares, compared to its average volume of 431,388. The company has a debt-to-equity ratio of 0.02, a current ratio of 8.55 and a quick ratio of 8.34. The company’s fifty day moving average price is $37.33 and its 200-day moving average price is $29.34. The company has a market capitalization of $646.83 million, a PE ratio of 59.27 and a beta of 0.98. Idaho Strategic Resources, Inc. has a 12-month low of $9.90 and a 12-month high of $54.70.

Idaho Strategic Resources (NYSEAMERICAN:IDR) last announced its earnings results on Wednesday, November 12th. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.01. The business had revenue of $11.08 million for the quarter, compared to analyst estimates of $9.40 million. Idaho Strategic Resources had a net margin of 27.82% and a return on equity of 18.60%. As a group, analysts predict that Idaho Strategic Resources, Inc. will post 0.65 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Roth Capital reaffirmed a “buy” rating on shares of Idaho Strategic Resources in a research note on Friday, December 12th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $17.50.

Hedge Funds Weigh In On Idaho Strategic Resources

A number of institutional investors have recently made changes to their positions in IDR. Police & Firemen s Retirement System of New Jersey purchased a new stake in Idaho Strategic Resources during the 2nd quarter worth about $39,000. Newbridge Financial Services Group Inc. purchased a new position in Idaho Strategic Resources in the 3rd quarter valued at about $47,000. Russell Investments Group Ltd. acquired a new stake in shares of Idaho Strategic Resources during the 3rd quarter worth about $48,000. AlphaQuest LLC boosted its stake in shares of 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. Finally, Caitlin John LLC purchased a new stake in shares of Idaho Strategic Resources during the third quarter worth about $53,000. 8.70% of the stock is owned by institutional investors and hedge funds.

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.