Idaho Strategic Resources (NYSEAMERICAN:IDR) CEO John Swallow Sells 20,000 Shares

Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) CEO John Swallow sold 20,000 shares of Idaho Strategic Resources stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of $41.72, for a total transaction of $834,400.00. Following the completion of the sale, the chief executive officer directly owned 645,778 shares of the company’s stock, valued at $26,941,858.16. The trade was a 3.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

John Swallow also recently made the following trade(s):

• On Monday, December 22nd, John Swallow sold 30,000 shares of Idaho Strategic Resources stock. The stock was sold at an average price of $43.44, for a total value of $1,303,200.00.

Idaho Strategic Resources Trading Down 3.7%

Shares of IDR stock traded down $1.59 during mid-day trading on Tuesday, hitting $41.49. 1,450,575 shares of the company’s stock were exchanged, compared to its average volume of 431,388. Idaho Strategic Resources, Inc. has a fifty-two week low of $9.90 and a fifty-two week high of $54.70. The stock has a 50-day simple moving average of $37.33 and a two-hundred day simple moving average of $29.34. The company has a quick ratio of 8.34, a current ratio of 8.55 and a debt-to-equity ratio of 0.02. The stock has a market cap of $646.83 million, a price-to-earnings ratio of 59.27 and a beta of 0.98.

Idaho Strategic Resources (NYSEAMERICAN:IDR) last released its earnings results on Wednesday, November 12th. The company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.19 by $0.01. Idaho Strategic Resources had a return on equity of 18.60% and a net margin of 27.82%.The firm had revenue of $11.08 million during the quarter, compared to analyst estimates of $9.40 million. Equities analysts expect that Idaho Strategic Resources, Inc. will post 0.65 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of IDR. Newbridge Financial Services Group Inc. acquired a new stake in shares of Idaho Strategic Resources in the 3rd quarter worth about $47,000. Russell Investments Group Ltd. bought a new position in Idaho Strategic Resources in the 3rd quarter worth about $48,000. Caitlin John LLC acquired a new position in shares of Idaho Strategic Resources during the third quarter worth approximately $53,000. Global Retirement Partners LLC grew its holdings in Idaho Strategic Resources by 295.7% in the 3rd quarter. Global Retirement Partners LLC now owns 1,919 shares of the company’s stock worth $65,000 after buying an additional 1,434 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its position in Idaho Strategic Resources by 135.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,513 shares of the company’s stock valued at $85,000 after acquiring an additional 1,444 shares during the period. Institutional investors own 8.70% of the company’s stock.

Analysts Set New Price Targets

Separately, Roth Capital reissued a “buy” rating on shares of Idaho Strategic Resources in a research report on Friday, December 12th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, Idaho Strategic Resources has an average rating of “Buy” and a consensus price target of $17.50.

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.