Idaho Strategic Resources, Inc. $IDR Stock Position Decreased by Thames Capital Management LLC

Thames Capital Management LLC decreased its position in Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) by 28.0% in the fourth quarter, HoldingsChannel reports. The firm owned 91,929 shares of the company’s stock after selling 35,703 shares during the period. Thames Capital Management LLC’s holdings in Idaho Strategic Resources were worth $3,705,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC raised its stake in Idaho Strategic Resources by 4,000.0% during the 4th quarter. Sound Income Strategies LLC now owns 1,025 shares of the company’s stock valued at $45,000 after purchasing an additional 1,000 shares during the period. Newbridge Financial Services Group Inc. acquired a new stake in shares of Idaho Strategic Resources in the third quarter worth $47,000. Russell Investments Group Ltd. acquired a new stake in shares of Idaho Strategic Resources in the third quarter worth $48,000. Caitlin John LLC acquired a new stake in shares of Idaho Strategic Resources in the third quarter worth $53,000. Finally, Banque Cantonale Vaudoise acquired a new stake in shares of Idaho Strategic Resources in the fourth quarter worth $60,000. 8.70% of the stock is currently owned by hedge funds and other institutional investors.

Idaho Strategic Resources Stock Performance

Shares of Idaho Strategic Resources stock opened at $39.11 on Friday. The stock has a market cap of $618.33 million, a PE ratio of 27.54 and a beta of 1.21. The business has a fifty day simple moving average of $38.41 and a 200-day simple moving average of $39.51. The company has a quick ratio of 12.48, a current ratio of 12.77 and a debt-to-equity ratio of 0.01. Idaho Strategic Resources, Inc. has a 12 month low of $12.40 and a 12 month high of $54.70.

Idaho Strategic Resources (NYSEAMERICAN:IDR) last issued its earnings results on Thursday, May 14th. The company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.03). The business had revenue of $14.48 million during the quarter, compared to analyst estimates of $14.30 million. Idaho Strategic Resources had a return on equity of 23.94% and a net margin of 43.33%. On average, sell-side analysts anticipate that Idaho Strategic Resources, Inc. will post 1.52 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Idaho Strategic Resources from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 31st. One investment analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company. Based on data from MarketBeat.com, Idaho Strategic Resources presently has an average rating of “Strong Buy”.

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.