Streetbeat News

IDR

Idaho Strategic Resources, Inc.

https://www.idahostrategic.com

Industry

Gold

Idaho Strategic Resources, Inc. engages in the exploring, developing, and extracting gold, silver, and base metal mineral resources in the Greater Coeur d'Alene Mining District of North Idaho and Western Montana. It owns 100% interest in the Golden Chest Mine that consists of 25 patented mining claims covering an area of 280 acres and 90 unpatented claims mine covering an area of 1,390 acres located in Murray, Idaho. The company was founded in 1996 and is headquartered in Coeur d'Alene, Idaho.

Open

12.09

Mkt cap

162M

Volume

207K

High

12.37

P/E Ratio

23.27

52-wk high

18.35

Low

11.72

Div yield

N/A

52-wk low

5.58

Idaho Strategic Resources is positioned for potential gains due to rising gold prices and increased production. The company plans to boost gold production and cut costs with new projects, while its rare earths and thorium assets align with US strategies to reduce reliance on Chinese resources.

Portfolio Pulse from

December 12, 2024 | 5:15 am

Idaho Strategic Resources (NYSE American:IDR) released a President's Letter to stakeholders, emphasizing communication and reflection during the Thanksgiving season.

Portfolio Pulse from

November 27, 2024 | 12:15 pm

Idaho Strategic Resources (IDR) experienced a 24% drop in stock price following weaker-than-expected Q3 earnings. Investors are considering whether this presents a buying opportunity.

Portfolio Pulse from

November 15, 2024 | 6:15 pm

Idaho Strategic Resources shares rose following the announcement of a new high-grade gold discovery and preliminary highlights from the Golden Chest 2024 summer drill program.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 7:28 pm

Idaho Strategic Resources announced a new high-grade gold discovery at the Golden Chest mine, specifically the Red Star Vein in the Klondike area. This discovery is part of the 2024 summer drill program.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 11:08 am

Roth MKM analyst Mike Niehuser has maintained a Buy rating on Idaho Strategic Resources (AMEX:IDR) and increased the price target from $10 to $14.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 2:16 pm

Gold King, a subsidiary of U.S. Gold (NYSE:USAU), received a key permit from the Wyoming Department of Environmental Quality, advancing its project development. Ivanhoe Electric (NYSE:IE) and BHP (NYSE:BHP) launched a mining alliance to explore and develop projects in the Southwest U.S., with BHP funding $15 million initially. Compass Minerals (NYSE:CMP) reported fiscal Q2 results, announcing dividend suspension to save $25 million annually and other cost-saving measures. Idaho Strategic Resources (NYSE:IDR) signed an MOU with Radiant Industries to potentially operate meltdown-proof microreactors.

Portfolio Pulse from austin@walkonholdings.com

May 08, 2024 | 8:12 pm

Idaho Strategic Resources (IDR) has signed a non-binding memorandum of understanding with Radiant Industries to join the Kaleidos Frontier Pilot Program, aiming to explore new strategic opportunities.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 11:11 am

Alpha Metallurgical reported Q1 net income of $127M and sales of $864M, with a share repurchase program of $1.5B. Metals Acquisition announced the redemption of all outstanding warrants for 10 cents each to simplify its capital structure. Latin Metals updated on its Organullo Project, with AngloGold identifying a high-priority drill corridor. Idaho Strategic Resources reported a 76.5% increase in revenue and a significant rise in gold production, alongside cost savings from new contracts and property purchases.

Portfolio Pulse from austin@walkonholdings.com

May 06, 2024 | 8:38 pm

Idaho Strategic Resources' shares surged following the announcement of Q1 sales results that exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 2:24 pm

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