Roth Mkm Increases Idaho Strategic Resources (NYSEAMERICAN:IDR) Price Target to $14.00

Idaho Strategic Resources (NYSEAMERICAN:IDR) had its target price lifted by investment analysts at Roth Mkm from $10.00 to $14.00 in a report issued on Monday, Benzinga reports. The firm presently has a “buy” rating on the stock.

Idaho Strategic Resources Trading Up 2.0 %

Shares of IDR stock traded up €0.22 ($0.24) on Monday, reaching €11.14 ($12.38). The company’s stock had a trading volume of 27,621 shares, compared to its average volume of 54,044. The company has a market capitalization of $144.37 million, a PE ratio of 44.56 and a beta of 0.78. Idaho Strategic Resources has a 12-month low of €4.48 ($4.98) and a 12-month high of €11.81 ($13.12). The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.65 and a current ratio of 6.01.

Insiders Place Their Bets

In other news, VP Grant A. Brackebusch sold 3,033 shares of Idaho Strategic Resources stock in a transaction dated Tuesday, May 28th. The stock was sold at an average price of €9.50 ($10.56), for a total value of €28,813.50 ($32,015.00). Following the transaction, the vice president now owns 128,923 shares in the company, valued at €1,224,768.50 ($1,360,853.89). The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In related news, VP Grant A. Brackebusch sold 6,078 shares of the business’s stock in a transaction dated Thursday, June 13th. The shares were sold at an average price of €10.03 ($11.14), for a total transaction of €60,962.34 ($67,735.93). Following the transaction, the vice president now owns 125,878 shares in the company, valued at €1,262,556.34 ($1,402,840.38). The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Grant A. Brackebusch sold 3,033 shares of Idaho Strategic Resources stock in a transaction that occurred on Tuesday, May 28th. The shares were sold at an average price of €9.50 ($10.56), for a total value of €28,813.50 ($32,015.00). Following the sale, the vice president now directly owns 128,923 shares in the company, valued at €1,224,768.50 ($1,360,853.89). The disclosure for this sale can be found here. 12.66% of the stock is owned by insiders.

Institutional Investors Weigh In On Idaho Strategic Resources

Several hedge funds have recently bought and sold shares of IDR. WR Wealth Planners LLC increased its holdings in shares of Idaho Strategic Resources by 145.2% during the second quarter. WR Wealth Planners LLC now owns 3,923 shares of the company’s stock valued at $39,000 after acquiring an additional 2,323 shares in the last quarter. Dimensional Fund Advisors LP bought a new stake in Idaho Strategic Resources during the 2nd quarter valued at about $108,000. Salem Investment Counselors Inc. raised its holdings in Idaho Strategic Resources by 30.0% in the first quarter. Salem Investment Counselors Inc. now owns 17,354 shares of the company’s stock worth $147,000 after buying an additional 4,000 shares during the last quarter. Brighton Jones LLC bought a new position in shares of Idaho Strategic Resources in the second quarter worth approximately $496,000. Finally, Renaissance Technologies LLC grew its holdings in shares of Idaho Strategic Resources by 24.7% during the second quarter. Renaissance Technologies LLC now owns 60,750 shares of the company’s stock valued at $599,000 after buying an additional 12,050 shares during the last quarter. Institutional investors own 8.70% of the company’s stock.

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.