Idaho Strategic Resources (NYSEAMERICAN:IDR) Posts Quarterly Earnings Results

Idaho Strategic Resources (NYSEAMERICAN:IDR) posted its earnings results on Monday. The company reported €0.15 ($0.16) EPS for the quarter, missing analysts’ consensus estimates of €0.21 ($0.23) by (€0.06) (($0.07)), Zacks reports. The firm had revenue of €6.15 million for the quarter, compared to analyst estimates of €7.40 million. Idaho Strategic Resources had a return on equity of 22.07% and a net margin of 26.69%.

Idaho Strategic Resources Price Performance

NYSEAMERICAN:IDR traded up €0.36 ($0.39) during trading hours on Tuesday, reaching €13.75 ($14.95). 244,386 shares of the company traded hands, compared to its average volume of 102,830. Idaho Strategic Resources has a 1-year low of €4.75 ($5.16) and a 1-year high of €18.35 ($19.95). The stock has a market cap of $178.20 million, a PE ratio of 34.33 and a beta of 0.81. The company has a debt-to-equity ratio of 0.07, a quick ratio of 5.58 and a current ratio of 6.01.

Analysts Set New Price Targets

Separately, Roth Mkm raised their price objective on shares of Idaho Strategic Resources from $10.00 to $14.00 and gave the stock a “buy” rating in a research report on Monday, August 26th.

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.