John Swallow Sells 140,687 Shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) Stock

Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) CEO John Swallow sold 140,687 shares of the company’s stock in a transaction on Monday, May 6th. The shares were sold at an average price of €8.39 ($9.02), for a total value of €1,180,363.93 ($1,269,208.53). Following the transaction, the chief executive officer now directly owns 1,203,546 shares in the company, valued at approximately €10,097,750.94 ($10,857,796.71). The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Idaho Strategic Resources Stock Performance

Shares of IDR stock opened at €9.25 ($9.95) on Thursday. The company has a market cap of $116.18 million, a P/E ratio of 102.79 and a beta of 0.71. Idaho Strategic Resources, Inc. has a 12 month low of €4.48 ($4.82) and a 12 month high of €9.88 ($10.62). The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.06 and a current ratio of 2.57.

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

Institutional Trading of Idaho Strategic Resources

An institutional investor recently bought a new position in Idaho Strategic Resources stock. Salem Investment Counselors Inc. bought a new position in Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 13,354 shares of the company’s stock, valued at approximately $85,000. Salem Investment Counselors Inc. owned approximately 0.11% of Idaho Strategic Resources at the end of the most recent reporting period. 8.70% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

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.