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Idaho Strategic Resources (NYSEAMERICAN:IDR) Stock Passes Above Two Hundred Day Moving Average - Here's What Happened

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Shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €0.00 ($0.00) and traded as high as €11.12 ($12.09). Idaho Strategic Resources shares last traded at €10.51 ($11.42), with a volume of 175,300 shares.

Idaho Strategic Resources Stock Down 3.2 %

The company has a fifty day simple moving average of €11.86. The company has a current ratio of 5.52, a quick ratio of 5.15 and a debt-to-equity ratio of 0.06. The firm has a market cap of $167.47 million, a P/E ratio of 24.04 and a beta of 0.80.

Hedge Funds Weigh In On Idaho Strategic Resources

Several hedge funds have recently added to or reduced their stakes in the company. Geode Capital Management LLC boosted its holdings in Idaho Strategic Resources by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 118,134 shares of the company's stock valued at $1,205,000 after acquiring an additional 2,833 shares during the last quarter. WR Wealth Planners LLC boosted its holdings in Idaho Strategic Resources by 114.9% in the fourth quarter. WR Wealth Planners LLC now owns 8,430 shares of the company's stock valued at $86,000 after acquiring an additional 4,507 shares during the last quarter. Quantbot Technologies LP bought a new position in Idaho Strategic Resources during the third quarter worth about $79,000. Point72 Asia Singapore Pte. Ltd. bought a new position in Idaho Strategic Resources during the third quarter worth about $90,000. Finally, Barclays PLC boosted 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 worth $158,000 after buying an additional 9,749 shares during the last quarter. Institutional investors own 8.70% of the company's stock.

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Idaho Strategic Resources Company Profile

(Get Free Report)

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.

Further Reading

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