Dimensional Fund Advisors LP Acquires Shares of 10,979 Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR)

Dimensional Fund Advisors LP bought a new position in shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,979 shares of the company’s stock, valued at approximately $108,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. WR Wealth Planners LLC raised its position in Idaho Strategic Resources by 145.2% in the 2nd quarter. WR Wealth Planners LLC now owns 3,923 shares of the company’s stock valued at $39,000 after purchasing an additional 2,323 shares during the last quarter. Salem Investment Counselors Inc. increased its stake 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 valued at $147,000 after purchasing an additional 4,000 shares during the period. Finally, Vanguard Group Inc. increased its stake in Idaho Strategic Resources by 3.6% in the first quarter. Vanguard Group Inc. now owns 466,215 shares of the company’s stock valued at $3,944,000 after purchasing an additional 16,215 shares during the period. 8.70% of the stock is owned by hedge funds and other institutional investors.

Idaho Strategic Resources Trading Down 2.3 %

Shares of IDR stock opened at €14.45 ($15.71) on Wednesday. The company has a market capitalization of $187.27 million, a price-to-earnings ratio of 37.05 and a beta of 0.80. The company has a current ratio of 6.01, a quick ratio of 5.58 and a debt-to-equity ratio of 0.07. Idaho Strategic Resources, Inc. has a twelve month low of €4.55 ($4.95) and a twelve month high of €17.25 ($18.75).

Idaho Strategic Resources (NYSEAMERICAN:IDR) last issued its quarterly earnings results on Tuesday, July 30th. The company reported €0.17 ($0.18) earnings per share for the quarter, topping the consensus estimate of €0.07 ($0.08) by €0.10 ($0.11). The firm had revenue of €6.13 million during the quarter, compared to the consensus estimate of €5.20 million. Idaho Strategic Resources had a return on equity of 22.07% and a net margin of 26.69%. On average, research analysts predict that Idaho Strategic Resources, Inc. will post 0.72 earnings per share for the current year.

Analyst Ratings Changes

Separately, Roth Mkm increased their target price on shares of Idaho Strategic Resources from $10.00 to $14.00 and gave the stock a “buy” rating in a research note on Monday, August 26th.

Idaho Strategic Resources 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.