Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) Insider Monique D. Hayes Sells 12,724 Shares of Stock

Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) insider Monique D. Hayes sold 12,724 shares of Idaho Strategic Resources stock in a transaction dated Thursday, July 10th. The stock was sold at an average price of €15.36 ($17.86), for a total value of €195,440.64 ($227,256.56). Following the completion of the transaction, the insider owned 8,742 shares of the company’s stock, valued at approximately €134,277.12 ($156,136.19). This represents a 59.28% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Idaho Strategic Resources Trading Up 3.6%

IDR opened at €16.76 ($19.49) on Friday. The firm has a market cap of $235.65 million, a P/E ratio of 27.03 and a beta of 0.80. Idaho Strategic Resources, Inc. has a 12 month low of €9.58 ($11.14) and a 12 month high of €19.75 ($22.97). The company has a current ratio of 4.37, a quick ratio of 3.96 and a debt-to-equity ratio of 0.06. The stock has a 50-day moving average of €13.70 and a 200 day moving average of €13.20.

Institutional Trading of Idaho Strategic Resources

Institutional investors have recently added to or reduced their stakes in the company. Citizens Financial Group Inc. RI bought a new stake in Idaho Strategic Resources in the first quarter worth about $165,000. Schonfeld Strategic Advisors LLC bought a new stake in Idaho Strategic Resources in the fourth quarter worth about $131,000. NewEdge Advisors LLC raised its stake in shares of Idaho Strategic Resources by 1,435.6% during the fourth quarter. NewEdge Advisors LLC now owns 14,634 shares of the company’s stock valued at $149,000 after acquiring an additional 13,681 shares in the last quarter. BNP Paribas Financial Markets bought a new stake in shares of Idaho Strategic Resources during the fourth quarter valued at approximately $150,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in shares of Idaho Strategic Resources during the fourth quarter valued at approximately $157,000. Institutional investors own 8.70% of the company’s stock.

Analysts Set New Price Targets

IDR has been the subject of several recent research reports. Roth Mkm lifted their price target on Idaho Strategic Resources from $16.50 to $17.50 and gave the stock a “buy” rating in a research report on Thursday, April 3rd. Roth Capital set a $17.50 price target on Idaho Strategic Resources in a research report on Thursday, April 3rd.

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.