Idaho Strategic Resources (NYSEAMERICAN:IDR) Issues Quarterly Earnings Results, Misses Expectations By $0.06 EPS

Idaho Strategic Resources (NYSEAMERICAN:IDR) posted its quarterly earnings data on Monday. The company reported €0.15 ($0.16) earnings per share for the quarter, missing analysts’ consensus estimates of €0.21 ($0.23) by (€0.06) (($0.07)), Zacks reports. Idaho Strategic Resources had a net margin of 26.69% and a return on equity of 22.07%. The firm had revenue of €6.15 million during the quarter, compared to analysts’ expectations of €7.40 million.

Idaho Strategic Resources Stock Performance

IDR stock traded up €0.36 ($0.39) on Tuesday, reaching €13.75 ($14.95). The company’s stock had a trading volume of 244,386 shares, compared to its average volume of 102,830. Idaho Strategic Resources has a 52 week low of €4.75 ($5.16) and a 52 week high of €18.35 ($19.95). The company has a debt-to-equity ratio of 0.07, a current ratio of 6.01 and a quick ratio of 5.58. The firm has a market capitalization of $178.20 million, a price-to-earnings ratio of 34.33 and a beta of 0.81.

Analysts Set New Price Targets

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

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.