Idaho Strategic Resources (NYSEAMERICAN:IDR) Shares Down 4.5% After Insider Selling

Shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR - Get Free Report) dropped 4.5% on Wednesday following insider selling activity. The stock traded as low as $39.81 and last traded at $39.6250. Approximately 797,367 shares were traded during trading, an increase of 84% from the average daily volume of 432,469 shares. The stock had previously closed at $41.49.Specifically, CEO John Swallow sold 20,000 shares of the company's stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of $41.72, for a total value of $834,400.00. Following the completion of the transaction, the chief executive officer owned 645,778 shares in the company, valued at approximately $26,941,858.16. This represents a 3.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Analyst Upgrades and DowngradesSeparately, Roth Capital reiterated a "buy" rating on shares of Idaho Strategic Resources in a research note on Friday, December 12th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $17.50.Check Out Our Latest Stock Analysis on IDRIdaho Strategic Resources Price PerformanceThe company has a current ratio of 8.55, a quick ratio of 8.34 and a debt-to-equity ratio of 0.02. The firm has a market cap of $616.97 million, a price-to-earnings ratio of 56.86 and a beta of 0.98. The stock has a 50-day moving average of $37.41 and a two-hundred day moving average of $29.53. Idaho Strategic Resources (NYSEAMERICAN:IDR - Get Free Report) last posted its quarterly earnings data on Wednesday, November 12th. The company reported $0.20 EPS for the quarter, beating analysts' consensus estimates of $0.19 by $0.01. Idaho Strategic Resources had a net margin of 27.82% and a return on equity of 18.60%. The company had revenue of $11.08 million during the quarter, compared to analyst estimates of $9.40 million. On average, analysts anticipate that Idaho Strategic Resources, Inc. will post 0.65 EPS for the current year. Institutional Trading of Idaho Strategic ResourcesHedge funds have recently modified their holdings of the business. American Century Companies Inc. raised its position in Idaho Strategic Resources by 25.1% during the first quarter. American Century Companies Inc. now owns 20,692 shares of the company's stock valued at $296,000 after buying an additional 4,149 shares during the period. OMERS ADMINISTRATION Corp boosted its position in Idaho Strategic Resources by 41.7% during the 1st quarter. OMERS ADMINISTRATION Corp now owns 46,200 shares of the company's stock worth $661,000 after acquiring an additional 13,600 shares during the period. NewEdge Advisors LLC grew its stake in Idaho Strategic Resources by 108.8% during the 1st quarter. NewEdge Advisors LLC now owns 30,551 shares of the company's stock valued at $437,000 after acquiring an additional 15,917 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Idaho Strategic Resources by 21.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 52,099 shares of the company's stock valued at $746,000 after acquiring an additional 9,298 shares in the last quarter. Finally, Salem Investment Counselors Inc. increased its holdings in Idaho Strategic Resources by 49.2% in the second quarter. Salem Investment Counselors Inc. now owns 44,555 shares of the company's stock worth $583,000 after buying an additional 14,700 shares during the last quarter. Hedge funds and other institutional investors own 8.70% of the company's stock. Idaho Strategic Resources Company Profile (Get Free Report)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.Featured StoriesFive stocks we like better than Idaho Strategic ResourcesDo not delete, read immediatelyThe Crash Has Already Started (Most Just Don’t See It Yet)ALERT: Drop these 5 stocks before January 2026![No Brainer Gold Play]: “Show me a better investment.”INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting OffThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. 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