Idaho Strategic Resources (NYSEAMERICAN:IDR) Price Target Raised to $17.50

Idaho Strategic Resources (NYSEAMERICAN:IDR) had its price target raised by Roth Mkm from $16.50 to $17.50 in a report published on Thursday,Benzinga reports. They currently have a buy rating on the stock.

Idaho Strategic Resources Price Performance

The company has a quick ratio of 5.15, a current ratio of 5.52 and a debt-to-equity ratio of 0.06. Idaho Strategic Resources has a one year low of €7.59 ($8.34) and a one year high of €18.35 ($20.16). The firm has a 50 day moving average of €12.96. The firm has a market cap of $204.35 million, a price-to-earnings ratio of 29.33 and a beta of 0.80.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Quantbot Technologies LP bought a new stake in shares of Idaho Strategic Resources during the 3rd quarter worth $79,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in Idaho Strategic Resources in the 3rd quarter worth $90,000. Centiva Capital LP bought a new stake in Idaho Strategic Resources in the third quarter valued at approximately $237,000. State Street Corp grew its stake in shares of Idaho Strategic Resources by 245.5% in the third quarter. State Street Corp now owns 38,700 shares of the company’s stock worth $622,000 after purchasing an additional 27,500 shares during the last quarter. Finally, Barclays PLC increased its stake in shares of Idaho Strategic Resources by 10,713.2% during the third quarter. Barclays PLC now owns 9,840 shares of the company’s stock valued at $158,000 after buying an additional 9,749 shares during the period. Institutional investors and hedge funds 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.