Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) Shares Acquired by Bank of New York Mellon Corp

Bank of New York Mellon Corp lifted its stake in shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) by 225.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,280 shares of the company’s stock after purchasing an additional 36,914 shares during the quarter. Bank of New York Mellon Corp owned about 0.39% of Idaho Strategic Resources worth $543,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of IDR. Navellier & Associates Inc. lifted its position in Idaho Strategic Resources by 160.5% in the fourth quarter. Navellier & Associates Inc. now owns 129,767 shares of the company’s stock valued at $1,322,000 after purchasing an additional 79,950 shares during the period. D.A. Davidson & CO. raised its stake in shares of Idaho Strategic Resources by 124.2% during the 4th quarter. D.A. Davidson & CO. now owns 58,222 shares of the company’s stock worth $593,000 after buying an additional 32,250 shares in the last quarter. Salem Investment Counselors Inc. raised its stake in shares of Idaho Strategic Resources by 72.0% during the 4th quarter. Salem Investment Counselors Inc. now owns 29,855 shares of the company’s stock worth $304,000 after buying an additional 12,501 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Idaho Strategic Resources by 59,773.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 15,567 shares of the company’s stock valued at $250,000 after buying an additional 15,541 shares during the period. Finally, Barclays PLC boosted its stake in shares of Idaho Strategic Resources by 10,713.2% in the third quarter. Barclays PLC now owns 9,840 shares of the company’s stock valued at $158,000 after buying an additional 9,749 shares in the last quarter. 8.70% of the stock is owned by institutional investors and hedge funds.

Idaho Strategic Resources Stock Performance

NYSEAMERICAN:IDR opened at €13.84 ($14.88) on Friday. Idaho Strategic Resources, Inc. has a 1 year low of €7.59 ($8.16) and a 1 year high of €18.35 ($19.73). 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 business has a fifty day simple moving average of €12.45. The stock has a market capitalization of $189.05 million, a PE ratio of 27.14 and a beta of 0.80.

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.