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

Posted by Elija Maina on Nov 5th, 2024

Idaho Strategic Resources (NYSEAMERICAN:IDR – Get Free Report) posted its quarterly earnings results 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. Idaho Strategic Resources had a net margin of 26.69% and a return on equity of 22.07%.

Idaho Strategic Resources Stock Performance

Shares of NYSEAMERICAN:IDR opened at €13.16 ($14.30) on Tuesday. Idaho Strategic Resources has a twelve month low of €4.75 ($5.16) and a twelve month high of €18.35 ($19.95). The company has a quick ratio of 5.58, a current ratio of 6.01 and a debt-to-equity ratio of 0.07. The company has a market cap of $170.55 million, a PE ratio of 34.33 and a beta of 0.81.

Wall Street Analysts Forecast Growth

Separately, Roth Mkm increased their price objective on Idaho Strategic Resources from $10.00 to $14.00 and gave the company a “buy” rating in a report on Monday, August 26th.

Check Out Our Latest Stock Analysis on Idaho Strategic Resources

About Idaho Strategic Resources

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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.