Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) Shares Sold by Brighton Jones LLC

Brighton Jones LLC cut its position in Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) by 49.7% during the third quarter, HoldingsChannel.com reports. The fund owned 25,341 shares of the company’s stock after selling 25,000 shares during the period. Brighton Jones LLC’s holdings in Idaho Strategic Resources were worth $407,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in IDR. Dimensional Fund Advisors LP purchased a new position in Idaho Strategic Resources during the second quarter worth approximately $108,000. Renaissance Technologies LLC increased its stake in shares of Idaho Strategic Resources by 24.7% in the 2nd 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 last quarter. Vanguard Group Inc. raised its holdings in shares of Idaho Strategic Resources by 3.6% during the 1st 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. WR Wealth Planners LLC boosted its position in shares of Idaho Strategic Resources by 145.2% during the 2nd quarter. WR Wealth Planners LLC now owns 3,923 shares of the company’s stock valued at $39,000 after acquiring an additional 2,323 shares during the last quarter. Finally, Eastern Bank purchased a new stake in shares of Idaho Strategic Resources in the third quarter valued at about $40,000. 8.70% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Idaho Strategic Resources Stock Down 3.3 %

Shares of IDR stock opened at €17.07 ($18.55) on Friday. 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 cap of $221.23 million, a price-to-earnings ratio of 43.77 and a beta of 0.80. Idaho Strategic Resources, Inc. has a 1-year low of €4.75 ($5.16) and a 1-year high of €18.35 ($19.95).

Idaho Strategic Resources (NYSEAMERICAN:IDR) last posted its quarterly earnings results on Tuesday, July 30th. The company reported €0.17 ($0.18) EPS for the quarter, topping the consensus estimate 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 business had revenue of €6.13 million during the quarter, compared to the consensus estimate of €5.20 million. As a group, analysts expect that Idaho Strategic Resources, Inc. will post 0.77 EPS for the current year.

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.