Enhancing Capital LLC Takes $525,000 Position in Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR)

Enhancing Capital LLC acquired a new position in Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 51,515 shares of the company’s stock, valued at approximately $525,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Barclays PLC boosted its holdings in shares of Idaho Strategic Resources by 10,713.2% during the 3rd quarter. Barclays PLC now owns 9,840 shares of the company’s stock worth $158,000 after buying an additional 9,749 shares in the last quarter. Geode Capital Management LLC boosted its stake in Idaho Strategic Resources by 9.5% during the third quarter. Geode Capital Management LLC now owns 115,301 shares of the company’s stock worth $1,854,000 after acquiring an additional 9,991 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Idaho Strategic Resources by 59,773.1% in the third quarter. JPMorgan Chase & Co. now owns 15,567 shares of the company’s stock valued at $250,000 after purchasing an additional 15,541 shares in the last quarter. D.A. Davidson & CO. raised its holdings in shares of Idaho Strategic Resources by 124.2% during the fourth quarter. D.A. Davidson & CO. now owns 58,222 shares of the company’s stock valued at $593,000 after purchasing an additional 32,250 shares during the period. Finally, State Street Corp boosted its position in shares of Idaho Strategic Resources by 245.5% during the 3rd quarter. State Street Corp now owns 38,700 shares of the company’s stock worth $622,000 after purchasing an additional 27,500 shares in the last quarter. Institutional investors and hedge funds own 8.70% of the company’s stock.

Idaho Strategic Resources Price Performance

Shares of Idaho Strategic Resources stock opened at €12.99 ($14.12) on Tuesday. The company has a 50-day moving average price of €11.96. Idaho Strategic Resources, Inc. has a one year low of €7.59 ($8.25) and a one year high of €18.35 ($19.95). The company has a debt-to-equity ratio of 0.06, a current ratio of 5.52 and a quick ratio of 5.15. The company has a market cap of $177.44 million, a price-to-earnings ratio of 25.47 and a beta of 0.80.

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.