Idaho Strategic Resources (NYSEAMERICAN:IDR) Posts Earnings Results, Misses Estimates By $0.06 EPS

Idaho Strategic Resources (NYSEAMERICAN:IDR - Get Free Report) posted its quarterly earnings data on Monday. The company reported €0.15 ($0.16) earnings per share for the quarter, missing analysts' consensus estimates of €0.21 ($0.23) by (€0.06) (($0.07)), Zacks reports. The company had revenue of €6.15 million for the quarter, compared to analyst estimates of €7.40 million. Idaho Strategic Resources had a return on equity of 22.07% and a net margin of 26.69%.

Idaho Strategic Resources Trading Up 4.0 %

NYSEAMERICAN IDR traded up €0.54 ($0.59) on Tuesday, hitting €13.93 ($15.31). 527,300 shares of the stock were exchanged, compared to its average volume of 104,152. The company has a quick ratio of 5.58, a current ratio of 6.01 and a debt-to-equity ratio of 0.07. Idaho Strategic Resources has a fifty-two week low of €4.75 ($5.22) and a fifty-two week high of €18.35 ($20.16). The stock has a market capitalization of $180.53 million, a PE ratio of 36.51 and a beta of 0.81.

Analyst Ratings Changes

Separately, Roth Mkm increased their target price on shares of Idaho Strategic Resources from $10.00 to $14.00 and gave the company a "buy" rating in a research report on Monday, August 26th.

About Idaho Strategic Resources

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.