Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC lifted its position in shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) by 9.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 115,301 shares of the company’s stock after acquiring an additional 9,991 shares during the period. Geode Capital Management LLC owned about 0.84% of Idaho Strategic Resources worth $1,854,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Eastern Bank bought a new position in shares of Idaho Strategic Resources during the third quarter valued at approximately $40,000. Quantbot Technologies LP acquired a new position in Idaho Strategic Resources during the 3rd quarter valued at approximately $79,000. Point72 Asia Singapore Pte. Ltd. bought a new position in Idaho Strategic Resources during the 3rd quarter worth $90,000. Barclays PLC grew its stake in 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 during the last quarter. Finally, Dimensional Fund Advisors LP acquired a new stake in Idaho Strategic Resources in the second quarter worth $108,000. 8.70% of the stock is owned by institutional investors and hedge funds.

Idaho Strategic Resources Price Performance

NYSEAMERICAN:IDR opened at €10.22 ($10.54) on Thursday. The firm has a market capitalization of $139.61 million, a PE ratio of 20.04 and a beta of 0.74. The company has a quick ratio of 5.15, a current ratio of 5.52 and a debt-to-equity ratio of 0.06. Idaho Strategic Resources, Inc. has a 1 year low of €5.66 ($5.84) and a 1 year high of €18.35 ($18.92).

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

Insider Buying and Selling

In related news, insider Monique D. Hayes sold 7,746 shares of the stock in a transaction on Wednesday, November 13th. The stock was 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 transaction, the insider now owns 27,670 shares in the company, valued at €318,481.70 ($328,331.65). This trade represents a 21.87 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO John Swallow sold 225,000 shares of the company’s stock in a transaction dated Thursday, November 7th. The shares were 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 directly owns 955,248 shares of the company’s stock, valued at €12,456,433.92 ($12,841,684.45). This represents a 19.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 12.66% of the company’s stock.

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.