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

Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €0.00 ($0.00) and traded as high as €9.38 ($9.98). Idaho Strategic Resources shares last traded at €9.00 ($9.57), with a volume of 12,800 shares traded.

Analyst Upgrades and Downgrades

Separately, Roth Mkm raised their price objective on Idaho Strategic Resources from $9.00 to $10.00 and gave the stock a “buy” rating in a research note on Tuesday, April 2nd.

Idaho Strategic Resources Price Performance

The company has a quick ratio of 2.06, a current ratio of 2.57 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $113.04 million, a P/E ratio of 100.00 and a beta of 0.68.

Idaho Strategic Resources (NYSEAMERICAN:IDR) last announced its earnings results on Monday, March 25th. The company reported €0.02 ($0.02) earnings per share for the quarter, missing the consensus estimate of €0.05 ($0.05) by (€0.03) (($0.03)). Idaho Strategic Resources had a return on equity of 5.98% and a net margin of 8.49%. The business had revenue of €3.78 million for the quarter, compared to analysts’ expectations of €3.70 million. On average, research analysts expect that Idaho Strategic Resources, Inc. will post 0.27 EPS for the current fiscal year.

Institutional Trading of Idaho Strategic Resources

An institutional investor recently bought a new position in Idaho Strategic Resources stock. Salem Investment Counselors Inc. purchased a new stake in shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 13,354 shares of the company’s stock, valued at approximately $85,000. Salem Investment Counselors Inc. owned about 0.11% of Idaho Strategic Resources as of its most recent filing with the SEC. 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.