2,500 Shares in Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) Bought by Eastern Bank

Eastern Bank purchased a new position in shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,500 shares of the company’s stock, valued at approximately $40,000.

A number of other hedge funds have also recently added to or reduced their stakes in IDR. WR Wealth Planners LLC raised its position in Idaho Strategic Resources by 145.2% during the second quarter. WR Wealth Planners LLC now owns 3,923 shares of the company’s stock worth $39,000 after acquiring an additional 2,323 shares during the period. Dimensional Fund Advisors LP acquired a new position in Idaho Strategic Resources during the second quarter worth $108,000. Brighton Jones LLC acquired a new position in Idaho Strategic Resources during the second quarter worth $496,000. Renaissance Technologies LLC raised its position in Idaho Strategic Resources by 24.7% during the second quarter. Renaissance Technologies LLC now owns 60,750 shares of the company’s stock worth $599,000 after acquiring an additional 12,050 shares during the period. Finally, Vanguard Group Inc. raised its position in Idaho Strategic Resources by 3.6% during the first quarter. Vanguard Group Inc. now owns 466,215 shares of the company’s stock worth $3,944,000 after acquiring an additional 16,215 shares during the period. 8.70% of the stock is owned by hedge funds and other institutional investors.

Idaho Strategic Resources Trading Down 3.3 %

Shares of NYSEAMERICAN IDR opened at €17.07 ($18.55) on Friday. Idaho Strategic Resources, Inc. has a 52 week low of €4.75 ($5.16) and a 52 week high of €18.35 ($19.95). The company has a quick ratio of 5.58, a current ratio of 6.01 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of $221.23 million, a PE ratio of 43.77 and a beta of 0.80.

Idaho Strategic Resources (NYSEAMERICAN:IDR) last posted its quarterly earnings data on Tuesday, July 30th. The company reported €0.17 ($0.18) EPS for the quarter, beating analysts’ consensus estimates of €0.07 ($0.08) by €0.10 ($0.11). Idaho Strategic Resources had a net margin of 26.69% and a return on equity of 22.07%. The company had revenue of €6.13 million during the quarter, compared to the consensus estimate of €5.20 million. Analysts anticipate that Idaho Strategic Resources, Inc. will post 0.77 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Roth Mkm upped their price objective on shares of Idaho Strategic Resources from $10.00 to $14.00 and gave the stock a “buy” rating in a research report on Monday, August 26th.

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.