Brighton Jones LLC Takes Position in Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR)

Brighton Jones LLC acquired a new position in shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 50,341 shares of the company’s stock, valued at approximately $496,000. Brighton Jones LLC owned 0.39% of Idaho Strategic Resources as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in IDR. WR Wealth Planners LLC boosted its position in Idaho Strategic Resources by 145.2% during the 2nd quarter. WR Wealth Planners LLC now owns 3,923 shares of the company’s stock worth $39,000 after acquiring an additional 2,323 shares during the last quarter. Dimensional Fund Advisors LP bought a new stake in shares of Idaho Strategic Resources in the second quarter worth $108,000. Salem Investment Counselors Inc. boosted its holdings in Idaho Strategic Resources by 30.0% during the first quarter. Salem Investment Counselors Inc. now owns 17,354 shares of the company’s stock worth $147,000 after purchasing an additional 4,000 shares during the last quarter. Renaissance Technologies LLC grew its position in Idaho Strategic Resources by 24.7% in the second quarter. Renaissance Technologies LLC now owns 60,750 shares of the company’s stock valued at $599,000 after purchasing an additional 12,050 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in Idaho Strategic Resources by 3.6% in the 1st quarter. Vanguard Group Inc. now owns 466,215 shares of the company’s stock valued at $3,944,000 after buying an additional 16,215 shares during the last quarter. 8.70% of the stock is owned by institutional investors.

Idaho Strategic Resources Trading Down 3.5 %

Shares of NYSEAMERICAN IDR opened at €13.89 ($15.43) on Friday. The company has a market cap of $180.01 million, a PE ratio of 55.56 and a beta of 0.78. Idaho Strategic Resources, Inc. has a 12 month low of €4.48 ($4.98) and a 12 month high of €14.90 ($16.56). The company has a quick ratio of 5.58, a current ratio of 6.01 and a debt-to-equity ratio of 0.07.

Idaho Strategic Resources (NYSEAMERICAN:IDR) last issued its earnings results on Tuesday, July 30th. The company reported €0.17 ($0.19) EPS for the quarter, topping analysts’ consensus estimates 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 company had revenue of €6.13 million for the quarter, compared to analysts’ expectations of €5.20 million. On average, equities analysts anticipate that Idaho Strategic Resources, Inc. will post 0.72 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

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.