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

11.44

Mkt cap

150M

Volume

233K

High

11.76

P/E Ratio

21.53

52-wk high

18.35

Low

10.92

Div yield

N/A

52-wk low

5.15

Idaho Strategic Resources (AMEX:IDR) reported Q4 earnings of $0.02 per share, missing the $0.05 estimate, but sales of $3.78M exceeded the $3.70M estimate. This represents a 140% increase in earnings and a 10.05% increase in sales from the same period last year.

Portfolio Pulse from Happy Mohamed

March 25, 2024 | 8:30 pm

Idaho Strategic Resources (AMEX:IDR) reported Q4 earnings with a -60.0% miss on estimated EPS, achieving $0.02 versus an estimate of $0.05. Revenue increased by $345 thousand year-over-year. The company's past performance shows variability in meeting EPS estimates, with a notable 4.0% share price drop following last quarter's earnings beat.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 1:20 pm

Universal Stainless & Alloy Products, Inc. announced a 7-12% price increase for its premium products, effective immediately. Warrior Met Coal, Inc. increased its quarterly cash dividend by 14%. Idaho Strategic Resources purchased the Butte Gulch property next to its Golden Chest Mine, indicating potential for future expansion and cost savings in ore processing.

Portfolio Pulse from Austin DeNoce

February 12, 2024 | 9:34 pm

GoldMining Inc. (GLDG) reported positive drilling results at the Whistler Gold-Copper Project, with significant gold and copper finds and plans for further exploration in 2024. The company is financially stable with $129 million in cash and investments. Idaho Strategic Resources Inc. (IDR) CEO John Swallow will participate in a DOE workshop on critical minerals independence in the U.S. Freeport-McMoRan Inc. (FCX) reported strong Q4 and full-year results for 2023, with higher copper sales volumes and lower net cash costs than expected, and a net income of $388 million for Q4.

Portfolio Pulse from Austin DeNoce

January 24, 2024 | 9:41 pm

BMO Capital analyst Katja Jancic downgraded Alcoa Corporation's (AA) price target from $30 to $29 following a Q4 earnings report showing a loss and revenue decline. Idaho Strategic Resources (IDR) reported its best year with significant revenue and gold production increases. American Battery Technology Company (ABAT) announced an upgraded resource classification for its Tonopah Flats Lithium Project, indicating a stronger potential for commercialization with a substantial increase in lithium resource size and higher confidence levels.

Portfolio Pulse from Austin DeNoce

January 18, 2024 | 9:31 pm

Idaho Strategic Resources (NYSE:IDR) reported a 41.9% increase in year-over-year top-line revenue for 2023, reaching $13.6 million. This growth is attributed to the production of over 8,100 ounces of gold, marking a 32.7% increase in production compared to 2022. The company has highlighted this achievement as its best year in corporate history, emphasizing consistent growth in revenue and operating results.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 12:06 pm

UBS Group initiated coverage on Alcoa Corporation with a Sell rating and a $29 price target. Dakota Gold Corp. reported promising drill results from its Richmond Hill Gold Project, indicating potential resource expansion. U.S. GoldMining Inc. announced positive assay results from its Whistler Gold-Copper Project, with plans for a significant drilling program in 2024. Idaho Strategic Resources will participate in upcoming industry events to increase company awareness.

Portfolio Pulse from Austin DeNoce

January 16, 2024 | 9:39 pm

Idaho Strategic Resources, Inc. reported trenching results from its Lemhi Pass project, revealing up to 5% total rare earth elements (REEs), with concentrations of magnet REEs exceeding 70%. These findings underscore the project's potential for significant REE deposits, which are critical for various high-tech and green energy applications.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 12:12 pm

Idaho Strategic Resources (AMEX:IDR) reported Q2 earnings of $0.03 per share, beating the analyst consensus estimate of $0.01 by 200%. This is a 142.86% increase over losses of $(0.07) per share from the same period last year. However, the company's quarterly sales of $3.24 million missed the analyst consensus estimate of $3.40 million by 4.79%. This is a 37.28% increase over sales of $2.36 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 10:37 am

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