Idaho Strategic Resources, Inc. $IDR Shares Sold by Thames Capital Management LLC

Thames Capital Management LLC cut its position in shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) by 28.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 91,929 shares of the company’s stock after selling 35,703 shares during the quarter. Thames Capital Management LLC owned 0.59% of Idaho Strategic Resources worth $3,705,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Sound Income Strategies LLC increased its position in shares of 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 position in shares of Idaho Strategic Resources during the 3rd quarter valued at $47,000. Russell Investments Group Ltd. acquired a new position in shares of Idaho Strategic Resources during the 3rd quarter valued at $48,000. Banque Cantonale Vaudoise acquired a new position in shares of Idaho Strategic Resources during the 4th quarter valued at $60,000. Finally, Caitlin John LLC acquired a new position in shares of Idaho Strategic Resources during the 3rd quarter valued at $53,000. 8.70% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Zacks Research upgraded 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’s stock. According to MarketBeat.com, the company currently has an average rating of “Strong Buy”.

Idaho Strategic Resources Stock Performance

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

Idaho Strategic Resources (NYSEAMERICAN:IDR) last released its quarterly earnings data on Thursday, May 14th. The company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.03). The company had revenue of $14.48 million for the quarter, compared to the consensus estimate of $14.30 million. Idaho Strategic Resources had a return on equity of 23.94% and a net margin of 43.33%. As a group, equities analysts predict that Idaho Strategic Resources, Inc. will post 1.52 EPS for the current fiscal year.

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.