Barclays PLC Increases Position in Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR)

Barclays PLC lifted its position in shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) by 10,713.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,840 shares of the company’s stock after purchasing an additional 9,749 shares during the period. Barclays PLC’s holdings in Idaho Strategic Resources were worth $158,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of IDR. 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 worth $599,000 after purchasing an additional 12,050 shares during the last quarter. Brighton Jones LLC acquired a new position in Idaho Strategic Resources during the second quarter worth approximately $496,000. Navellier & Associates Inc. boosted its stake in Idaho Strategic Resources by 104.6% during the 3rd quarter. Navellier & Associates Inc. now owns 49,817 shares of the company’s stock worth $801,000 after purchasing an additional 25,469 shares during the period. State Street Corp grew its position in Idaho Strategic Resources by 245.5% during the 3rd quarter. State Street Corp now owns 38,700 shares of the company’s stock worth $622,000 after purchasing an additional 27,500 shares during the last quarter. Finally, D.A. Davidson & CO. acquired a new position in Idaho Strategic Resources in the third quarter valued at $417,000. Institutional investors and hedge funds own 8.70% of the company’s stock.

Insider Activity at Idaho Strategic Resources

In other news, insider Monique D. Hayes sold 7,746 shares of the firm’s stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of €11.51 ($11.87), for a total value of €89,156.46 ($91,913.88). Following the completion of the sale, the insider now directly owns 27,670 shares of the company’s stock, valued at €318,481.70 ($328,331.65). This trade represents a 21.87 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO John Swallow sold 225,000 shares of Idaho Strategic Resources stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of €13.04 ($13.44), for a total value of €2,934,000.00 ($3,024,742.27). Following the completion of the sale, the chief executive officer now owns 955,248 shares in the company, valued at approximately €12,456,433.92 ($12,841,684.45). This trade represents a 19.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 12.66% of the stock is currently owned by insiders.

Idaho Strategic Resources Price Performance

Shares of NYSEAMERICAN:IDR opened at €10.35 ($10.67) on Wednesday. Idaho Strategic Resources, Inc. has a one year low of €5.66 ($5.84) and a one year high of €18.35 ($18.92). The stock has a market capitalization of $141.38 million, a PE ratio of 20.29 and a beta of 0.74. The company has a debt-to-equity ratio of 0.06, a current ratio of 5.52 and a quick ratio of 5.15.

Idaho Strategic Resources (NYSEAMERICAN:IDR) last posted its quarterly earnings data on Monday, November 4th. The company reported €0.15 ($0.15) EPS for the quarter, missing the consensus estimate of €0.21 ($0.22) by (€0.06) (($0.06)). Idaho Strategic Resources had a net margin of 30.44% and a return on equity of 24.55%. The company had revenue of €6.15 million for the quarter, compared to analysts’ expectations of €7.40 million. Sell-side analysts predict that Idaho Strategic Resources, Inc. will post 0.71 earnings per share 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.