Roth Mkm Raises Idaho Strategic Resources (NYSEAMERICAN:IDR) Price Target to $17.50

Idaho Strategic Resources (NYSEAMERICAN:IDR) had its target price upped by equities research analysts at Roth Mkm from $16.50 to $17.50 in a research note issued on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the stock.

Idaho Strategic Resources Stock Performance

The business has a fifty day moving average price of €12.96. The stock has a market cap of $204.35 million, a P/E ratio of 29.33 and a beta of 0.80. Idaho Strategic Resources has a one year low of €7.59 ($8.34) and a one year high of €18.35 ($20.16). The company has a quick ratio of 5.15, a current ratio of 5.52 and a debt-to-equity ratio of 0.06.

Institutional Trading of Idaho Strategic Resources

A number of institutional investors and hedge funds have recently bought and sold shares of IDR. Barclays PLC increased its stake in Idaho Strategic Resources by 10,713.2% in the 3rd quarter. Barclays PLC now owns 9,840 shares of the company’s stock worth $158,000 after acquiring an additional 9,749 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Idaho Strategic Resources by 9.5% in the 3rd quarter. Geode Capital Management LLC now owns 115,301 shares of the company’s stock worth $1,854,000 after buying an additional 9,991 shares in the last quarter. JPMorgan Chase & Co. increased 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 worth $250,000 after buying an additional 15,541 shares during the last quarter. D.A. Davidson & CO. raised its position 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 valued at $593,000 after buying an additional 32,250 shares in the last quarter. Finally, State Street Corp grew its position in Idaho Strategic Resources by 245.5% in the third quarter. State Street Corp now owns 38,700 shares of the company’s stock worth $622,000 after acquiring an additional 27,500 shares in the last quarter. 8.70% of the stock is currently owned by institutional investors.

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.