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

Idaho Strategic Resources (NYSEAMERICAN:IDR) released its quarterly earnings data on Monday. The company reported €0.15 ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of €0.21 ($0.23) by (€0.06) (($0.07)), Zacks reports. Idaho Strategic Resources had a net margin of 30.44% and a return on equity of 27.43%. The company had revenue of €6.15 million during the quarter, compared to analyst estimates of €7.40 million.

Idaho Strategic Resources Stock Performance

NYSEAMERICAN IDR opened at €13.13 ($14.43) on Thursday. The company has a debt-to-equity ratio of 0.07, a current ratio of 6.01 and a quick ratio of 5.58. Idaho Strategic Resources has a 1 year low of €4.75 ($5.22) and a 1 year high of €18.35 ($20.16). The firm has a market capitalization of $170.16 million, a price-to-earnings ratio of 25.75 and a beta of 0.81.

Analysts Set New Price Targets

Separately, Roth Mkm upped their price objective on shares of Idaho Strategic Resources from $10.00 to $14.00 and gave the company a “buy” rating in a research note 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.