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

Barclays PLC lifted its stake in shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) by 10,713.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,840 shares of the company’s stock after acquiring an additional 9,749 shares during the quarter. Barclays PLC owned approximately 0.07% of Idaho Strategic Resources worth $158,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IDR. Geode Capital Management LLC raised its holdings in shares of Idaho Strategic Resources by 9.5% during the third quarter. Geode Capital Management LLC now owns 115,301 shares of the company’s stock worth $1,854,000 after purchasing an additional 9,991 shares during the last quarter. State Street Corp raised its holdings in shares of Idaho Strategic Resources by 245.5% during the third quarter. State Street Corp now owns 38,700 shares of the company’s stock worth $622,000 after purchasing an additional 27,500 shares during the last quarter. Centiva Capital LP purchased a new position in shares of Idaho Strategic Resources during the third quarter worth $237,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Idaho Strategic Resources during the third quarter worth $90,000. Finally, Quantbot Technologies LP purchased a new position in shares of Idaho Strategic Resources during the third quarter worth $79,000. 8.70% of the stock is currently owned by institutional investors.

Idaho Strategic Resources Stock Performance

IDR opened at €12.27 ($12.78) on Thursday. 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 stock has a market cap of $167.61 million, a P/E ratio of 24.06 and a beta of 0.79. Idaho Strategic Resources, Inc. has a twelve month low of €5.75 ($5.99) and a twelve month high of €18.35 ($19.11).

Idaho Strategic Resources (NYSEAMERICAN:IDR) last issued its quarterly earnings data on Monday, November 4th. The company reported €0.15 ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of €0.21 ($0.22) by (€0.06) (($0.06)). Idaho Strategic Resources had a return on equity of 24.55% and a net margin of 30.44%. The business had revenue of €6.15 million for the quarter, compared to analysts’ expectations of €7.40 million. As a group, equities analysts forecast that Idaho Strategic Resources, Inc. will post 0.65 EPS for the current fiscal year.

Insider Activity

In related news, insider Monique D. Hayes sold 7,746 shares of the business’s stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of €11.51 ($11.99), for a total value of €89,156.46 ($92,871.31). Following the completion of the sale, the insider now directly owns 27,670 shares in the company, valued at approximately €318,481.70 ($331,751.77). The trade was a 21.87 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO John Swallow sold 225,000 shares of the business’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of €13.04 ($13.58), for a total transaction of €2,934,000.00 ($3,056,250.00). Following the completion of the sale, the chief executive officer now owns 955,248 shares of the company’s stock, valued at approximately €12,456,433.92 ($12,975,452). The trade was a 19.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company 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.