Barclays PLC Grows Stock Position in Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR)

Barclays PLC increased its holdings in Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) by 10,713.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 9,840 shares of the company’s stock after acquiring an additional 9,749 shares during the period. Barclays PLC owned approximately 0.07% of Idaho Strategic Resources worth $158,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Eastern Bank acquired a new position in shares of Idaho Strategic Resources in the 3rd quarter valued at $40,000. Quantbot Technologies LP acquired a new position in Idaho Strategic Resources in the third quarter valued at about $79,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in Idaho Strategic Resources during the third quarter worth about $90,000. Dimensional Fund Advisors LP purchased a new position in Idaho Strategic Resources during the second quarter worth about $108,000. Finally, Renaissance Technologies LLC increased its position in shares of Idaho Strategic Resources by 24.7% during the second quarter. Renaissance Technologies LLC now owns 60,750 shares of the company’s stock valued at $599,000 after acquiring an additional 12,050 shares during the last quarter. 8.70% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CEO John Swallow sold 225,000 shares of the company’s stock in a transaction on Thursday, November 7th. The stock was sold at an average price of €13.04 ($13.44), for a total transaction of €2,934,000.00 ($3,024,742.27). Following the sale, the chief executive officer now owns 955,248 shares of the company’s stock, valued at approximately €12,456,433.92 ($12,841,684.45). This represents a 19.06 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Monique D. Hayes sold 7,746 shares of the stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of €11.51 ($11.87), for a total value of €89,156.46 ($91,913.88). Following the completion of the sale, the insider now owns 27,670 shares in the company, valued at approximately €318,481.70 ($328,331.65). The trade was a 21.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 12.66% of the stock is owned by corporate insiders.

Idaho Strategic Resources Stock Performance

Shares of IDR stock opened at €10.35 ($10.67) on Wednesday. The company has a current ratio of 5.52, a quick ratio of 5.15 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $141.38 million, a PE ratio of 20.29 and a beta of 0.74. Idaho Strategic Resources, Inc. has a one year low of €5.66 ($5.84) and a one year high of €18.35 ($18.92).

Idaho Strategic Resources (NYSEAMERICAN:IDR) last announced its earnings results on Monday, November 4th. The company reported €0.15 ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of €0.21 ($0.22) by (€0.06) (($0.06)). Idaho Strategic Resources had a net margin of 30.44% and a return on equity of 24.55%. The firm had revenue of €6.15 million during the quarter, compared to analysts’ expectations of €7.40 million. On average, research analysts forecast that Idaho Strategic Resources, Inc. will post 0.71 earnings per share for the current year.

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.