Idaho Strategic Resources (NYSEAMERICAN:IDR) Announces Quarterly Earnings Results

Posted by Eileen French on Nov 6th, 2024

Idaho Strategic Resources (NYSEAMERICAN:IDR – Get Free Report) posted its earnings results on Monday. The company reported €0.15 ($0.16) EPS for the quarter, missing the consensus estimate of €0.21 ($0.23) by (€0.06) (($0.07)), Zacks reports. The business had revenue of €6.15 million for the quarter, compared to analyst estimates of €7.40 million. Idaho Strategic Resources had a return on equity of 22.07% and a net margin of 26.69%.

Idaho Strategic Resources Trading Up 4.0 %

NYSEAMERICAN IDR opened at €13.93 ($15.31) on Wednesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 6.01 and a quick ratio of 5.58. Idaho Strategic Resources has a twelve month low of €4.75 ($5.22) and a twelve month high of €18.35 ($20.16). The stock has a market capitalization of $180.53 million, a P/E ratio of 35.72 and a beta of 0.81.

Analyst Ratings Changes

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

View Our Latest Stock Analysis on IDR

About Idaho Strategic Resources

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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.