Idaho Strategic Resources (NYSEAMERICAN:IDR) Shares Cross Above Two Hundred Day Moving Average - Should You Sell?

Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €0.00 ($0.00) and traded as high as €13.40 ($13.67). Idaho Strategic Resources shares last traded at €13.03 ($13.30), with a volume of 175,700 shares.

Idaho Strategic Resources Price Performance

The stock has a market cap of $174.30 million, a price-to-earnings ratio of 25.02 and a beta of 0.80. 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 (NYSEAMERICAN:IDR - Get Free Report) last issued its quarterly earnings results on Monday, November 4th. The company reported €0.15 ($0.15) EPS for the quarter, missing the consensus estimate of €0.21 ($0.21) 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. Research analysts expect that Idaho Strategic Resources, Inc. will post 0.65 earnings per share for the current fiscal year.

Insider Buying and Selling at Idaho Strategic Resources

In other news, insider Monique D. Hayes sold 7,746 shares of the firm's stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of €11.51 ($11.74), for a total transaction of €89,156.46 ($90,975.98). Following the completion of the sale, the insider now directly owns 27,670 shares of the company's stock, valued at €318,481.70 ($324,981.33). This trade represents a 21.87 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 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 ($13.31), for a total value of €2,934,000.00 ($2,993,877.55). Following the completion of the sale, the chief executive officer now directly owns 955,248 shares of the company's stock, valued at approximately €12,456,433.92 ($12,710,646.86). The trade was a 19.06 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 12.66% of the company's stock.

Hedge Funds Weigh In On Idaho Strategic Resources

Several institutional investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP acquired a new stake in shares of Idaho Strategic Resources in the second quarter worth $108,000. Renaissance Technologies LLC raised its holdings in Idaho Strategic Resources by 24.7% in the 2nd quarter. Renaissance Technologies LLC now owns 60,750 shares of the company's stock worth $599,000 after acquiring an additional 12,050 shares during the period. Eastern Bank acquired a new position in Idaho Strategic Resources during the 3rd quarter worth $40,000. Navellier & Associates Inc. boosted its holdings in Idaho Strategic Resources by 104.6% during the third quarter. Navellier & Associates Inc. now owns 49,817 shares of the company's stock valued at $801,000 after acquiring an additional 25,469 shares during the period. Finally, D.A. Davidson & CO. acquired a new stake in shares of Idaho Strategic Resources in the third quarter valued at about $417,000. 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.