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

Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €0.00 ($0.00) and traded as high as €12.29 ($12.80). Idaho Strategic Resources shares last traded at €12.27 ($12.78), with a volume of 140,900 shares trading hands.

Idaho Strategic Resources Trading Down 1.9 %

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 firm has a market cap of $164.47 million, a price-to-earnings ratio of 23.61 and a beta of 0.79.

Idaho Strategic Resources (NYSEAMERICAN:IDR - Get Free Report) last posted its earnings results on Monday, November 4th. The company reported €0.15 ($0.16) 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 company had revenue of €6.15 million during the quarter, compared to analysts' expectations of €7.40 million. As a group, equities analysts predict 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 stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of €11.51 ($11.99), for a total transaction of €89,156.46 ($92,871.31). Following the completion of the transaction, the insider now directly owns 27,670 shares in the company, valued at approximately €318,481.70 ($331,751.77). This represents a 21.87 % decrease in their position. The transaction was disclosed in a legal filing 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 dated Thursday, November 7th. The stock was 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 in the company, valued at approximately €12,456,433.92 ($12,975,452). This trade represents a 19.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 12.66% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Idaho Strategic Resources

Hedge funds and other institutional investors have recently modified their holdings of the business. Eastern Bank bought a new position in Idaho Strategic Resources during the 3rd quarter worth about $40,000. Quantbot Technologies LP bought a new position in shares of Idaho Strategic Resources during the third quarter valued at approximately $79,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in Idaho Strategic Resources during the third quarter valued at approximately $90,000. Barclays PLC increased its holdings in Idaho Strategic Resources by 10,713.2% during 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 during the period. Finally, Geode Capital Management LLC raised its stake in Idaho Strategic Resources by 9.5% in the third 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. 8.70% of the stock is currently owned by hedge funds and other 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.